| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| (` '000) | |||
| Sr.No. | Particulars | As at 30.06.2016 | As at 30.06.2015 |
|---|---|---|---|
| 1 | Reserve for Unexpired Risk | 92550 436 | 75560 325 |
| 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 | 5411 308 | 6634 544 |
| 8 | For Leave Encashment | 275 111 | 207 934 |
| 9 | Provision for Pension | 13 360 | 11 324 |
| 10 | Provision for Gratuity | 10 082 | 90 417 |
| 11 | Provision for Settlement | 14 024 | 12 195 |
| 12 | For Salary Arrears | 0 | 147 200 |
| 13 | For PLLI Arrears | 0 | 16 800 |
| 14 | Provision for Taxation less Advance tax paid & TDS | 3744 694 | 3101 433 |
| TOTAL | 112369 803 | 92866 099 | |