| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| PROVISIONS |
|
|
|
|
|
( . '000) |
| Sr.No. |
Particulars |
As at 30.09.2016 |
As at 30.09.2015 |
| 1 |
Reserve for Unexpired Risk |
120327 064 |
76636 371 |
| 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 |
0 |
0 |
| 6 |
For dividend distribution tax |
1750 788 |
0 |
| 7 |
For Doubtful Loans, Investment and Debts |
8248 766 |
7626 140 |
| 8 |
For Leave Encashment |
292 432 |
228 727 |
| 9 |
Provision for Pension |
13 477 |
55 832 |
| 10 |
Provision for Gratuity |
45 429 |
13 866 |
| 11 |
Provision for Settlement |
14 024 |
12 195 |
| 12 |
For Salary Arrears |
0 |
177 200 |
| 13 |
For PLLI Arrears |
0 |
16 800 |
| 14 |
Provision for Taxation less Advance tax paid & TDS |
1881 463 |
7 424 |
| |
TOTAL |
132573 443 |
85359 150 |