CPF OR New Pension Scheme

Dear DKJ,

Nature		Taxable/ Not taxable
1	Employer's portion relating to employment in Singapore
	a) Compulsory payments under the CPF Act	Not taxable
	b) Voluntary payments, i.e. amount in excess of compulsory contributions to be made by employer	Taxable
2	Contributions made from 1 Jan 2004 relating to employment outside Singapore	Not taxable since the contribution is a foreign-sourced income
3	Contributions relating to director's fees Regards Rajat	Taxable as these are voluntary contributions