Superannuation - Professionals - Taxation - TIK Share
0 Likes 286 Views


Mahesh Kumar



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.