Additionally, chief economist for President Barack Obama Austan Goolsbee pushed in 2006 for a “simple return,” in which taxpayers would actually receive a completed tax form from the ...

In addition, if the employer used a paid preparer to complete the form, the preparer must enter their information in Part Five. This includes name, preparer tax identification number (PTIN), firm ...

However, those opting for the Old Tax Regime will need to complete Form 10-IEA. Form 10-IEA is a declaration used by taxpayers who choose to opt out of the New Tax Regime. Individuals, HUFs ...

Here's a quick guide on relevant ITR forms for individual tax-payers — Taxpayers can use the ITR-1 (Sahaj) form to report long-term capital gains (LTCG) of up to Rs 1.25 lakh under Section 112A ...

It is advisable to consult the official Income Tax website to confirm which form should be used while filling out returns. ITR-1 can be used by resident individuals with an income less than Rs 50 ...

Additionally, chief economist for President Barack Obama Austan Goolsbee pushed in 2006 for a “simple return,” in which taxpayers would actually receive a completed tax form from the government and ...

The report found that while more than 423,000 users created a profile during the pilot program, only about a third actually ended up submitting a completed tax return through Direct File.