Tax 2025 Brackets. The government is also contemplating revising concessional tax rates for income brackets ranging from rs 7 lakh to rs 15 lakh, which could. Since inflation is currently lower than in previous years, the adjustments for inflation will increase tax brackets by about 2.8% for 2025.
Tax brackets for 2025 for 2025, all five federal income tax brackets have been indexed to inflation using the 2.7 per cent rate. Here are what the rates are expected to look like in 2025:
