Salary - Super Annuation Fund

This query is : Resolved

Rajat (Querist)
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29 September 2008 Is the employer's contribution to Superannuation fund taxable for employee or is it exempted. If exempted, is there any limit of exemption

What about interest income credited every year on Superannuation fund a/c. Is it taxable. Secondly is there any limit on rate of interest (like 8.5% is for employee PF)

Any special provisions / tax treatment at time of receipt of fund on retirement / resignation etc

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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29 September 2008 In the case of approved super annuation fund it is exept

The interest credited varies based on earnings of fund. It is also not taxable.

I/3 value commuted is not taxed. The pension receipts are taxed.