| FORM NL-18-PROVISIONS SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| . | . | . | (Rs '000) |
| . | Particulars | TWELVE MONTH ENDING 31.03.2014 | TWELVE MONTH ENDING 31.03.2013 |
| 1 | Reserve for Unexpired Risk | 71476261 | 74989739 |
| 2 | Reserve for Premium Deficiency
|
0 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 3311000 | 4687000 |
| 6 | For dividend distribution tax | 562704 | 796556 |
| 7 | For Doubtful Loans, Investment and Debts | 5364543 | 4115696 |
| 8 | For Leave Encashment | 221463 | 165616 |
| 9 | Provision for Pension | 235597 | 59891 |
| 10 | Provision for Gratuity | -12100 | 0 |
| 11 | Provision for Settlement | 10648 | 8800 |
| 12 | For Salary Arrears | 77200 | 29700 |
| 13 | For PLLI Arrears | 16800 | 15500 |
| TOTAL | 81264116 | 84868498 | |