Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
PROVISIONS
(` '000)
  Particulars As at 31.03.2017 As at 31.03.2016
1 Reserve for Unexpired Risk 121079 916 86483 331
2 Reserve for Premium Deficiency  0  0
3 For Fringe Benefit Tax  0  0
4 For MAT Tax  0  0
5 For proposed dividends  0 8600 000
6 For dividend distribution tax  0 1750 788
7 For Doubtful Loans, Investment and Debts 7908 883 5313 238
8 For Leave Encashment 332 085 245 182
9 Provision for Pension 44 926 93 972
10 Provision for Gratuity 48 438 33 473
11 Provision for Settlement 15 216 14 024
12 For  Salary Arrears  0  0
13 For PLLI Arrears 25 000  0
14 Provision for Taxation  less Advance tax paid & TDS 2632 680 1790 333
  TOTAL 132087 144 104324 341