| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| PROVISIONS |
|
|
|
(` '000) |
Sr. No.
|
Particulars |
As at 30.09.2014 |
As at 30.09.2013 |
| 1 |
Reserve for Unexpired Risk |
74280288 |
72416173 |
| 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 |
0 |
| 6 |
For dividend distribution tax |
0 |
0 |
| 7 |
For Doubtful Loans, Investment and Debts |
5635763 |
5450698 |
| 8 |
For Leave Encashment |
215076 |
179756 |
| 9 |
Provision for Pension |
14023 |
100425 |
| 10 |
Provision for Gratuity |
6487 |
2608 |
| 11 |
Provision for Settlement |
10647 |
8668 |
| 12 |
For Salary Arrears |
93800 |
29700 |
| 13 |
For PLLI Arrears |
16800 |
15500 |
|
TOTAL |
83583884 |
78203528 |