<h1>Simplified ITR Forms 1 and 4 Unveiled for AY 2025-26, Easing Tax Filing for Individuals with Income Up to Rs 50 Lakh</h1> The income tax department has notified ITR forms 1 and 4 for assessment year 2025-26, allowing individuals and entities with total income up to Rs 50 lakh to file returns. Individuals with long-term capital gains up to Rs 1.25 lakh can now use ITR-1. The simplified forms Sahaj and Sugam cater to small and medium taxpayers, making tax filing more accessible and less complex for salaried individuals and small investors.