New Tax Brackets 2025 Vs 2025 New Brackets. As the union budget 2025 approaches, there is increasing anticipation regarding potential incentives aimed at encouraging taxpayers to opt for the new tax regime. Thankfully, the irs just released the income tax brackets for 2025, allowing you to strategize for the upcoming tax.

Benefits of the new tax regime:. The federal income tax has seven tax rates in 2025:.