🇮🇳 Good news for SALARIED EMPLOYEES! Draft Income Tax Rules 2026 – What You Need to Know The CBDT released the Draft Income Tax Rules 2026 on Feb 7, inviting public feedback by Feb 22. Allowances & Perquisites: 📚 Children’s education: ₹100 → ₹3,000/month 🏨 Hostel allowance: ₹300 → ₹9,000/month 🍽️ Free meals: ₹50 → ₹200 per meal 🎁 Non-cash gifts: ₹5,000 → ₹15,000/year 🚗 Car lease perquisite values significantly increased 🏥 Overseas treatment: tax-free if income < ₹8L (was ₹2L) PAN Quoting Changes: 🏠 Property transactions: ₹10L → ₹20L 🏨 Hotel/restaurant cash: ₹50K → ₹1L 🏍️ Motor vehicles: PAN needed only above ₹5L (now includes motorcycles) 💵 Cash withdrawals: threshold reduced from ₹20L → ₹10L/year Other Updates: 🏘️ Property SFT limit: ₹30L → ₹45L 📒 Mandatory digital bookkeeping for professionals 📲 e-Rupee (CBDC) now a valid payment mode Effective April 1, 2026 with the new Income Tax Act, 2025. With higher exemptions, the old tax regime could benefit salaried employees...