| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 30.09.2015 | As at 30.09.2014 | |
|---|---|---|---|
| 1 | Reserve for Unexpired Risk | 76636371 | 74280288 |
| 2 | Reserve for Premium Deficiency | 584595 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 0 | 3311000 |
| 6 | For dividend distribution tax | 0 | 0 |
| 7 | For Doubtful Loans, Investment and Debts | 7626140 | 5635763 |
| 8 | For Leave Encashment | 228727 | 215077 |
| 9 | Provision for Pension | 55832 | 14023 |
| 10 | Provision for Gratuity | 13866 | 6487 |
| 11 | Provision for Settlement | 12195 | 10648 |
| 12 | For Salary Arrears | 177200 | 93800 |
| 13 | For PLLI Arrears | 16800 | 16800 |
| TOTAL | 85351726 | 83583886 | |