In Brief
This consolidated judgment addresses multiple appeals in motor accident compensation cases arising from National Insurance Company Limited v. Pranay Sethi, which establishes the standard percentage for future prospects additions to income. The Court held that 40% is the standard increase for deceased persons 40 years and above, and 50% for those below 40 years. However, when actual evidence on record demonstrates future prospects beyond the standard percentage, courts may award higher compensation. The Court modified various awards, reduced loss-of-income calculations, and required deductions for personal expenses and income tax, while preserving amounts already received by appellants from refund."
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