Superannuation contributions are either concessional or non-concessional contributions. Concessional contributions are assessable income of the fund taxed at 15%. Concessional contributions are taxed in the fund. These loans are provided at a concessional interest rate of 4% p.a. The concessional contribution cap for the 2017 2018 financial year is $25,000. The committee also opposed any ceiling rate for non concessional loans and advances. Most economic development projects were funded with external assistance on concessional terms. The concessional contribution cap for the 2017-2018 financial year is $25,000. This includes assistance in the form of grants, concessional loans and debt relief. Thirty-six of the association's borrowing countries have graduated from their eligibility for its concessional lending. Official sources divide aid into three categories&colon; grants, interest free loans, and concessional loans. Like the concessional loan, this type of loan is also subsidized by the Chinese government. Exim is the sole provider of Chinese government concessional loans. Amounts above those limits are called "excess concessional contributions". JICA has sanctioned concessional loan amounts of for the project.