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 30.06.2018 Up to  the  Three  Months  ending 30.06.2018 For the corresponding Three months  of the preceeding year  Up to the corresponding  three months  of the prceeding year
1 Employees’ remuneration & welfare benefits 297 234 297 234 235 877 235 877
2 Travel, conveyance and vehicle running expenses 15 246 15 246 19 216 19 216
3 Training expenses 1 025 1 025 3 084 3 084
4 Rents, rates & taxes 14 393 14 393 15 451 15 451
5 Repairs 60 366 60 366 51 637 51 637
6 Printing & stationery  577  577  516  516
7 Communication 3 875 3 875 5 523 5 523
8 Legal & professional charges 14 492 14 492 12 601 12 601
9 Auditors' fees, expenses etc  0  0  
  (a) as auditor 3 413 3 413 3 105 3 105
  (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  0  14  14
10 Advertisement and publicity 10 016 10 016 12 302 12 302
11 Interest & Bank Charges 8 162 8 162 4 014 4 014
12 IT Expenses 51 149 51 149 46 584 46 584
13 Depreciation 18 853 18 853 18 259 18 259
14 Service Tax A/C  0  0 14 646 14 646
15 Swachh Bharat Cess  0  0  614  614
16 Others 77 446 77 446 85 630 85 630
  TOTAL 576 247 576 247 529 073 529 073
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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.