| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 31.03.2016 | As at 31.03.2015 | |
| 1 | Reserve for Unexpired Risk | 86483 331 | 74463 872 |
| 2 | Reserve for Premium Deficiency | 0 | 584 595 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 8600 000 | 5400 000 |
| 6 | For dividend distribution tax | 1750 788 | 1099 332 |
| 7 | For Doubtful Loans, Investment and Debts | 5313 238 | 6471 674 |
| 8 | For Leave Encashment | 245 182 | 227 340 |
| 9 | Provision for Pension | 93 972 | 31 109 |
| 10 | Provision for Gratuity | 33 473 | 75 675 |
| 11 | Provision for Settlement | 14 024 | 12 195 |
| 12 | For Salary Arrears | 0 | 130 000 |
| 13 | For PLLI Arrears | 0 | 16 800 |
| 1790 333 | 1039 647 | ||
| TOTAL | 104324 341 | 89552 239 | |