My company is providing Superannuation as part of salary and now given an option to choose if I need that as part my monthly salary take home salary or deposit in superannuation account maintained by LIC.
Now I have following questions...
1. if I maintain this part with LIC, will I be getting 100% of the contribution along with interest while i leave the company after 3 years?
2. If I opt to be part of monthly salary, can i deposit the same in RD? will that be taxable at year end?
Please clarify. Thanks.