Dear Ravi..
In case of injury (Temporary Disablement) resulting in only absent from duty since the physician has suggested him only rest then as per Section 4 (d) : a half monthly payment of the sum equivalent to twenty five % of monthly wages of the workman, to be paid in accordance with the provision of sub-section (2).
Sub-section: (2): the half monthly payment shall be payable on the sixteenth day -
(i) from the date of disablement where such disablement lasts for a period of twenty-eight days or more, or
(ii) after the expiry of a waiting period of three days from the date of disablement where such disablement lasts for a period of less than twenty-eight days; and thereafter half-monthly during the disablement or during a period of five years, whichever period is shorter...
So in short we can say half monthly salary (payment) for this type of injury upto five year will be paid as compensation.
however if ur company wants to pay any amount beyond WC compensation, it can pay but that will not come under WC Act..
A WC calculator is attached herewith for further calculation in this subject..
Regards.
Jawed Alam.