Motor Accident Compensation Enhanced, GPF and Insurance Deductions Cannot Reduce Income for Dependency Calculation: Calcutta High Court
The Calcutta High Court has enhanced the compensation awarded to the family of a bus accident victim, holding that while calculating income for motor accident claims, only statutory deductions such as income tax or professional tax can be excluded. Savings like General Provident Fund and group insurance contributions cannot be deducted as they are deferred benefits payable back to the employee. The judgment was delivered by Justice Biswaroop Chowdhury. Background…