| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
|---|---|---|---|
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 31.03.2018 | As at 31.03.2017 | |
| 1 | Reserve for Unexpired Risk | 116463 949 | 121079 916 |
| 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 | 0 |
| 6 | For dividend distribution tax | 0 | 0 |
| 7 | For Doubtful Loans, Investment and Debts | 9198 421 | 7908 883 |
| 8 | For Leave Encashment | 356 839 | 332 085 |
| 9 | Provision for Pension | 99 384 | 44 926 |
| 10 | Provision for Gratuity | 10 181 | 48 438 |
| 11 | Provision for Settlement | 16 422 | 15 216 |
| 12 | For Salary Arrears | 0 | 0 |
| 13 | For Provident fund | 0 | |
| 14 | For PLLI Arrears | 32 000 | 25 000 |
| 15 | Provision for Taxation less Advance tax paid & TDS | 3102 939 | 2632 680 |
| TOTAL | 129280 135 | 132087 144 | |