Good news for taxpayers in old tax regime: Higher HRA benefits extended to these new cities in new draft Income Tax Rules, 2026

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Fri, Feb 13, 2026 | 05:58 PM IST

How Draft I-T Rules can boost your tax savings

1	Good news for taxpayers in old tax regime: Higher HRA benefits extended to these new cities in new draft Income Tax Rules, 2026 Taxpayers in Bengaluru, Hyderabad, Pune, and Ahmedabad can soon benefit from increased house rent allowance tax relief. The government proposes extending the 50% HRA exemption to these cities under the old tax regime. This change, effective April 1, 2026, aims to provide significant savings for salaried individuals.

2	5 PAN card-related changes in draft Income-tax Rules, 2026 that could impact your cash deposits, withdrawals and other transactions

3	Draft Income Tax Rules 2026: Know how fair market value of assets like jewellery, property is determined for income tax purposes

4	Get up to Rs 1.05 lakh income tax exemption on meal cards: Draft tax rules 2026 boost salaried savings

5	Higher income tax for salaried people for using company car: Taxable perquisite value to increase under the draft Income Tax Rule, 2026 New draft Income Tax Rules for 2026 significantly increase the taxable value of company-provided motor cars. These changes, affecting both old and new tax regimes, will lead to higher income tax for employees using employer-provided vehicles for mixed or personal use, with revised perquisite values now reflecting current economic realities.

6	Will increased tax deduction for children hostel allowance, revised HRA be given to taxpayers in new income tax regime also?


7	Big tax savings in old tax regime: Monthly hostel allowance of Rs 9,000; savings of Rs 89,000 on Rs 15 lakh salary, check impact of draft income tax rules

8	Income Tax Department releases draft Income-tax Rules, 2026: Simplified forms, easier compliance & other key features explained

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