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

Taxpayers residing in cities like Bengaluru, Hyderabad, Pune and Ahmedabad in rented accommodations are set to get significant tax relief as the government has proposed the expansion of 50% house rent allowance (HRA) exemption under the old tax regime.

News Source:- https://economictimes.indiatimes.com/wealth/tax/good-news-for-taxpayers-in-old-tax-regime-higher-hra-benefits-extended-to-these-new-cities-in-new-draft-income-tax-rules-2026/articleshow/128073657.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org