Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Superannuation is an employer-sponsored retirement benefit plan where the company contributes towards a pension or lump sum payable to the employee at retirement.
A retirement benefit fund some employers contribute to on your behalf, separate from PF.
Contributions up to ₹7.5 lakh per year (combined with EPF and NPS employer contribution) are tax-exempt; excess is taxed as a perquisite in the employee’s hands.
A company contributing ₹50,000/year to an employee’s superannuation fund builds a separate retirement corpus alongside EPF.
A retirement benefit fund some employers contribute to on your behalf, separate from PF.
Superannuation helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.