applicability of income tax on income received from annuity

Anurag Kumar (Service) (62 Points)

24 July 2009  

I had an superannutation fund with my previous employer. After my resignation the employer provided me a LIC annuity policy from the accumulated amount. Kindly let me know the income tax applicability on the yearly amount being received from this annuity.Will the amount be taxed at my applicablet tax slab?