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Superannuation


Mahesh Kumar

2015-08-13

Hello, 

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.

Prasanna..,