labour accident in small scale industry with around 5 workers are working in which one labour hand accidently came in machine due to which his two fingers are cut from hand.
now according to workmen compensation act 1923
His salary is around Rs 3500
And according to schedule I part 2 workmen compensation act 1923 (amendment 2009)
Compenation = 20% of loss of earning capacity
His age is around 20 years, and he is working for around 6 months before accident
My question is how to calculate earning capacity
what is the formula or criteria to decide the compensation of earning capacity
thanks