Fica Social Security Rate 2024 India

Fica Social Security Rate 2024 India.  — the 2024 rate for the social security tax is 6.2% of an employee’s gross earnings up to $168,600 (this limit changes each year), with a matching 6.2% from the employer. Social security rate for employees in india averaged 12.00 percent from 2008 until 2024, reaching an all time high of.


Fica Social Security Rate 2024 India

That is a total of 7.65% for each party or 15.3% for both parties. In 2024, only the first $168,600 of your earnings are subject to the social security tax.

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