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

Sat, Feb 14, 2026 | 12:21 PM IST

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1	Get up to Rs 1.05 lakh income tax exemption on meal cards: Draft tax rules 2026 boost salaried savings Salaried employees stand to gain significantly from proposed tax rule changes. Under draft Income Tax Rules, 2026, the annual tax exemption for meal vouchers like Pluxee or Sodexo could rise to Rs 1,05,600. This is a substantial increase from the current Rs 26,400 limit. The new rules propose a Rs 200 per meal cap, potentially boosting employee savings.

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5	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 the impact of draft income tax rules 2026 New draft income tax rules for 2026 suggest higher limits for several allowances. Taxpayers in the old tax regime can save more income tax with these proposed changes. Key increases include house rent allowance exemptions, children's education and hostel allowances, and interest-free loan limits. These revisions aim to modernize taxation and address current economic realities.

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10	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.

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