If your Microsoft Outlook does not display the envelope icon when mail arrives, then you restore this behavior with the help of the following setting, on your Windows 10/8/7 computer.
Restore missing Envelope icon of Outlook
Open your Microsoft Outlook desktop client and click on the File tab. Next click on Options.
Now, select Mail in the left side navigation pane.
Now in the Message arrival section, click to select the “Show an envelope icon in the taskbar” check box.
Your Microsoft Outlook will now display the envelope icon/overlay when any mail arrives.
PS: Outlook’s new mail icon is only visible if you use large icons; ie it changes and shows an envelope only if you use large icons on your Taskbar.