FORM NL-18-PROVISIONS SCHEDULE
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
PROVISIONS
- Particulars As at 31.03.2011 As at 31.03.2010 for the corresponding previous year
- - (Rs '000) (Rs '000)
1 Reserve for Unexpired Risk 58070 141 48384 750
2 For taxation (less advance tax paid and taxes deducted at source)  0  0
3 For proposed dividends 2064 000 3526 000
4 For dividend distribution tax 342 805 585 625
5 For Doubtful Loans, Investment and Debts 2513 026 2148 770
6 For Leave Encashment 81 672 73 111
7 Provision for Pension 104 245 71 368
8 Provision for Gratuity 46 888  0
9 Provision for Settlement 6 850 7 034
10 For  Salary Arrears  0 88 885
11 For PLLI Arrears 12 500 15 000
12 Others (to be specified) - -
13 Reserve for Premium Deficiency - -
- TOTAL 63242 127 54900 543