| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As At 30.06.2014 | As at 30.06.2013 | |
| 1 | Reserve for Unexpired Risk | 70925498 | 74559335 |
| 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 | 5869500 |
| 6 | For dividend distribution tax | 562704 | 997522 |
| 7 | For Doubtful Loans, Investment and Debts | 5392002 | 4947130 |
| 8 | For Leave Encashment | 209849 | 164961 |
| 9 | Provision for Pension | 215401 | 71916 |
| 10 | Provision for Gratuity | -2120 | 2193 |
| 11 | Provision for Settlement | 10648 | 8800 |
| 12 | For Salary Arrears | 89700 | 29700 |
| 13 | For PLLI Arrears | 16800 | 15500 |
| TOTAL | 80731482 | 86666557 | |