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 30.09.2019 Up to  the  Six  Months  ending 30.09.2019 For the corresponding Three months  of the preceeding year  Up to the corresponding  Six months  of the prceeding year
1 Employees’ remuneration & welfare benefits 1307 394 1561 329 257 605 554 839
2 Travel, conveyance and vehicle running expenses 15 379 32 593 14 976 30 222
3 Training expenses 2 019 5 434 3 991 5 016
4 Rents, rates & taxes 15 482 31 906 17 626 32 019
5 Repairs 43 857 107 896 44 231 104 597
6 Printing & stationery  603 1 152  473 1 050
7 Communication 3 461 6 516 3 488 7 363
8 Legal & professional charges 17 207 31 959 19 003 33 495
9 Auditors' fees, expenses etc  0  0  
  (a) as auditor 4 321 7 862  447 3 860
  (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 - 1  16  0  0
10 Advertisement and publicity 22 551 41 902 20 101 30 117
11 Interest & Bank Charges 8 223 17 247 8 685 16 847
12 IT Expenses 86 620 107 388 72 078 123 227
13 Depreciation 63 718 106 185 37 784 56 637
14 Service Tax A/C  0  0  0  0
15 Swachh Bharat Cess  0  0  0  0
16 Others 61 743 227 872 101 894 179 341
  TOTAL 1652 577 2287 257 602 382 1178 630
 0  0
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.