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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
30.09.2019 |
As at
30.09.2018 |
| 1 |
Reserve for Unexpired Risk |
127578 526 |
111663 422 |
| 2 |
Reserve for Premium Deficiency |
540 813 |
74 510 |
| 3 |
For Fringe Benefit Tax |
0 |
0 |
| 3 |
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 |
13500 093 |
4511 142 |
| 6 |
For Leave Encashment |
382 408 |
351 229 |
| 7 |
Provision for Pension |
1023 142 |
43 958 |
| 8 |
Provision for Gratuity |
14 651 |
78 239 |
| 9 |
Provision for Settlement |
19 853 |
17 064 |
| 10 |
For Salary Arrears |
0 |
0 |
| 11 |
For Provident fund |
15 338 |
12 141 |
| 12 |
For PLLI Arrears |
0 |
31 400 |
| 13 |
Provision for Taxation
less Advance tax paid & TDS |
2499 156 |
2981 094 |
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TOTAL |
145573 980 |
119764 199 |
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0 |
- 1 |
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