Withholding Schedule 2025. Updated as per latest budget on 1 february, 2024. The federal withholding income tax table for 2023 had lower income brackets versus 2024.
The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all. The rate of social security tax on taxable wages is 6.2% each for the employer and employee.