Fica And Medicare Tax Rate 2024. Specifically, 6.2% of an employee’s gross. Finance minister nirmala sitharaman revises tax slabs, allowing salaried employees to save up to ₹17,500 in income taxes.
This tax is 1.45% for the employee and 1.45% for the employer, totaling 2.9% of earned wages. Here are the latest inc0me tax slabs that will effective for current financial year after budget 2024.
Fica And Medicare Tax Rate 2024 Images References :
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