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  Three Months  ending 30.09.2017 Up to  the  Three Months  ending 30.09.2017 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Employees’ remuneration & welfare benefits 275 423 511 300 228 508 473 077
2 Travel, conveyance and vehicle running expenses 24 468 43 684 24 479 43 280
3 Training expenses 5 071 8 155 8 854 12 390
4 Rents, rates & taxes 14 048 29 499 22 708 37 529
5 Repairs 42 176 93 813 44 285 103 194
6 Printing & stationery 553 1 069 800 1 035
7 Communication 3 378 8 901 3 790 6 720
8 Legal & professional charges 14 216 26 817 15 913 52 835
9 Auditors' fees, expenses etc 0 0
  (a) as auditor 623 3 728 62 1 136
  (b) as adviser or in any other capacity, in respect of
  (i) Taxation matters 0 0 0 0
  (ii) Insurance matters
  (iii) Management services; and
  (c)   in any other capacity 0 14 0 0
10 Advertisement and publicity 9 530 21 832 17 263 23 588
11 Interest & Bank Charges 3 304 7 318 5 972 8 780
12 Others  59 295 144 926 46 338 100 183
13 Depreciation 17 960 36 219 24 533 49 253
14 Service Tax A/C 0 14 646 1 679 1 679
15 IT Expenses 24 568 71 152 22 914 79 171
16 Swachh Bharat Cess 77 691 346 204 346 204
  TOTAL 494 690 1023 764 814 302 1340 054
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.