Form NL-18

   

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

   

PROVISIONS

   
   

(Rs. in '000)

   
 

Particulars

As at 31.03.2020

As at 31.03.2019

   

1

Reserve for Unexpired Risk

154732 655

129632 819

   

2

Reserve for Premium Deficiency

247 098

52 944

   

3

For Fringe Benefit Tax

 0

 0

   

4

For MAT Tax

 0

 0

   

5

For proposed dividends

 0

 0

   

6

For dividend distribution tax

 0

 0

   

3

For Doubtful Loans, Investment and Debts

17038 999

8449 572

   

4

For Leave Encashment

400 957

361 112

   

5

Provision for Pension

567 000

20 227

   

6

Provision for Gratuity

56 185

27 483

   

7

Provision for Settlement

21 946

18 007

   

8

For  Salary Arrears

 0

 0

   

9

For  Provident fund

13 630

14 295

   

10

For PLLI Arrears

 0

22 119

   

11

Provision for Taxation  less Advance tax paid & TDS

1562 594

4296 361

   
 

TOTAL

174641 064

142894 939