Different kinds of Annuity products available in India ?

Annuities can be categorized in following three ways: Starting Time of the Annuity Type of Pension Amounts offered Type of Pension Scheme Annuities based on Starting Time Deferred Annuity – Your investment is made into a fund (of your choice) which keeps growing for a chosen period of time.  You can choose the time when […]

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What are the tax benefits available with Superannuation Schemes in India?

The tax structure of superannuation fund is as follows: Tax on Contribution to Superannuation Fund An employee’s contribution to the superannuation fund is exempted from tax up to Rs. 1.5 Lakh (for F.Y. 2016-17) under section 80C. Interest accrued on the superannuation fund investment is not taxable. Employer’s contribution to the superannuation fund of an employee […]

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