The new Draft Income Tax Rules 2026 proposed that meals provided by the employer under ₹200 won't be taxed, along with gifts or certificates valued up to ₹15,000/year. Additionally, Bengaluru, Hyderabad, Pune and Ahmedabad have been included in the list of cities that can enjoy the 50% HRA exemption. Loans that employees avail from employers for medical emergencies remain tax-free.