Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
PROVISIONS |
|
|
|
|
|
(` '000) |
Sr.No. |
Particulars |
As at 30.06.2016 |
As at 30.06.2015 |
1 |
Reserve for Unexpired Risk |
92550 436 |
75560 325 |
2 |
Reserve for Premium Deficiency |
0 |
584 595 |
3 |
For Fringe Benefit Tax |
0 |
0 |
4 |
For MAT Tax |
0 |
0 |
5 |
For proposed dividends |
8600 000 |
5400 000 |
6 |
For dividend distribution tax |
1750 788 |
1099 332 |
7 |
For Doubtful Loans, Investment and Debts |
5411 308 |
6634 544 |
8 |
For Leave Encashment |
275 111 |
207 934 |
9 |
Provision for Pension |
13 360 |
11 324 |
10 |
Provision for Gratuity |
10 082 |
90 417 |
11 |
Provision for Settlement |
14 024 |
12 195 |
12 |
For Salary Arrears |
0 |
147 200 |
13 |
For PLLI Arrears |
0 |
16 800 |
14 |
Provision for Taxation less Advance tax paid & TDS |
3744 694 |
3101 433 |
|
TOTAL |
112369 803 |
92866 099 |