Social Security Tax Limit 2024 Withholding In India. Indian social security is broadly governed by the employees’ provident fund and miscellaneous provisions act, 1952 (pf act) and. That means that the maximum amount of social security tax an employee will pay (through withholding from their.

The 2023 and 2024 limit for joint filers is $32,000. The maximum earnings subject to the social security payroll tax will increase by nearly 9%, the social security administration announced.