| FORM NL-18 |
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| Name of the
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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| PROVISIONS |
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(` '000) |
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Particulars |
As at
30.06.2019 |
As at
30.06.2018 |
| 1 |
Reserve for Unexpired Risk |
158702 240 |
143837 830 |
| 2 |
Reserve for Premium Deficiency |
192 763 |
90 385 |
| 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 |
11881 015 |
3569 567 |
| 6 |
For Leave Encashment |
374 335 |
350 791 |
| 7 |
Provision for Pension |
12 093 |
31 366 |
| 8 |
Provision for Gratuity |
0 |
56 658 |
| 9 |
Provision for Settlement |
18 907 |
16 422 |
| 10 |
For Salary
Arrears |
0 |
0 |
| 11 |
For Provident
fund |
14 786 |
13 568 |
| 12 |
For PLLI Arrears |
0 |
32 000 |
| 13 |
Provision for Taxation
less Advance tax paid & TDS |
4296 362 |
4321 162 |
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TOTAL |
175492 501 |
152319 749 |
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2 |
- 1 |
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