FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS (` '000)
  PARTICUALRS For the  Twelve Months  ending 31.03.2017 Up to  the  Twelve Months  ending 31.03.2017 For the corresponding Twelve months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Employees’ remuneration & welfare benefits 212 550 964 370 180 094 859 963
2 Travel, conveyance and vehicle running expenses 14 127 81 346 22 462 89 762
3 Training expenses 5 769 22 328 6 932 23 425
4 Rents, rates & taxes 12 751 64 815 8 613 60 272
5 Repairs 46 630 208 021                         (24 113) 212 637
6 Printing & stationery 2 587 4 080                            ( 378) 2 735
7 Communication 5 639 15 745 3 897 12 338
8 Legal & professional charges 20 398 87 214 16 356 50 940
9 Auditors' fees, expenses etc  0  0  
  (a) as auditor 5 022 7 129 6 464 8 239
  (b) as adviser or in any other capacity, in respect of      
  (i) Taxation matters  300  300  300  300
  (ii) Insurance matters      
  (iii) Management services; and      
  (c)   in any other capacity  0  0  2  2
10 Advertisement and publicity 18 116 61 442 21 888 54 412
11 Interest & Bank Charges 5 836 15 135 5 129 11 734
12 Others  130 308 316 714 35 809 198 600
13 Depreciation 22 987 96 805 27 583 95 789
14 Service Tax A/C 2 058 3 737 2 266 4 557
15 IT Expenses 2 430 98 690 121 269 121 269
16 Swachh Bharat Cess 2 652 349 399  0  0
  TOTAL 510 160 2397 270 434 573 1806 974
Note: Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is higher, shall be shown as a separate line item.