Tax 2025 Brackets Symbol. For the 2025 tax year — the taxes most people will pay in early 2026 — most single filers will take a standard deduction of $15,000, meaning they’ll pay no tax on that first. 2025 tax brackets (marginal tax rates) here are the adjusted tax brackets for the 2025 tax year to account for inflation.
In india, income tax is calculated using income tax slabs and rates for the applicable financial year (fy) and assessment year (ay). For tax years 2024 and 2025, there are seven different tax brackets: