| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| (` '000) | |||
| Particulars | As at 31.12.2018 | As at 31.12.2017 | |
| 1 | Reserve for Unexpired Risk | 122447 861 | 114197 183 |
| 2 | Reserve for Premium Deficiency | 48 583 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 3 | For proposed dividends | 0 | 0 |
| 4 | For dividend distribution tax | 0 | 0 |
| 5 | For Doubtful Loans, Investment and Debts | 12353 063 | 9011 670 |
| 6 | For Leave Encashment | 361 733 | 347 634 |
| 7 | Provision for Pension | 46 981 | 11 789 |
| 8 | Provision for Gratuity | 6 273 | 18 361 |
| 9 | Provision for Settlement | 17 314 | 15 568 |
| 10 | For Salary Arrears | 0 | 0 |
| 11 | For Provident fund | 16 788 | 11 305 |
| 12 | For PLLI Arrears | 78 | 0 |
| 13 | Provision for Taxation less Advance tax paid & TDS | 4941 632 | 3243 166 |
| TOTAL | 140240 306 | 126856 676 |