| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| (` '000) | |||
| Sr. No | Particulars | As at 30.06.2015 | As at 30.06.2014 |
|---|---|---|---|
| 1 | Reserve for Unexpired Risk | 75560325 | 70925498 |
| 2 | Reserve for Premium Deficiency | 584595 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 5400000 | 3311000 |
| 6 | For dividend distribution tax | 1099332 | 562704 |
| 7 | For Doubtful Loans, Investment and Debts | 6634544 | 5392002 |
| 8 | For Leave Encashment | 207934 | 209849 |
| 9 | Provision for Pension | 11324 | 215401 |
| 10 | Provision for Gratuity | 90417 | -2120 |
| 11 | Provision for Settlement | 12195 | 10648 |
| 12 | For Salary Arrears | 147200 | 89700 |
| 13 | For PLLI Arrears | 16800 | 16800 |
| TOTAL | 89764666 | 80731482 | |