Maximum Social Security Tax Withholding 2024 India

Maximum Social Security Tax Withholding 2024 India. We raise this amount yearly to keep pace with increases in average wages. The maximum amount of income that's subject to the social security tax is $168,600 in 2024.

A plethora of changes have also been proposed on the indirect tax front. As a result, earners pay a maximum of $10,453 ($168,600 x 6.2%).