What Are The Tax Brackets For 2025 In Canada Vs India. For 2025, income tax brackets are increasing by 2.7 per cent in the new year to prevent higher prices from pushing canadians into higher tax brackets. 16 rows ontario 2025 and 2024 tax rates & tax brackets.

20.5 per cent for between $57,375.01 and $114,750; 10 rows the federal tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.027 (a 2.7% increase).