| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 30.06.2017 | As at 30.06.2016 | |
| 1 | Reserve for Unexpired Risk | 163417 613 | 92550 436 |
| 2 | Reserve for Premium Deficiency | 0 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 0 | 8600 000 |
| 6 | For dividend distribution tax | 0 | 1750 788 |
| 7 | For Doubtful Loans, Investment and Debts | 8877 647 | 5411 308 |
| 8 | For Leave Encashment | 340 192 | 275 111 |
| 9 | Provision for Pension | 15 278 | 13 360 |
| 10 | Provision for Gratuity | 11 816 | 10 082 |
| 11 | Provision for Settlement | 15 568 | 14 024 |
| 12 | For Salary Arrears | 0 | 0 |
| 13 | For Provident fund | 8 694 | 0 |
| 14 | For PLLI Arrears | 25 000 | 0 |
| 15 | Provision for Taxation less Advance tax paid & TDS | 2560 862 | 3744 694 |
| TOTAL | 175272 670 | 112369 803 | |