Hello Sanjukta
To summarise:-
1. Tax rebate u/s 87A of Rs.2000/- to cahnge to Rs.5000/- .
refer SAP note 2290356 - Union Budget Changes - 2016 -Version 7
2. New deduction category to be created under infotype 585- Additional deduction towards contribution to NPS u/s 80ccd, Max limit 50,000/-
Refer SAP note 2168787 - Additional Deduction Under Section 80CCD(1B) Version 7
3. New deduction category to be created under infotype 585-Additional deduction towards interest on housing loan u/s 80EE'' Max limit 50,000/-
Refer SAP note 2290356 - Union Budget Changes - 2016 Version 7
Hope now everything is covered as per your query above!
Thanks and Kind Regards
Ramana