poornima-gowda-deepak
Statutory Holidays mean the Mandatory ones like Independence Day, Republic Day Gandhi Jayanthi or it includes festivals like Deepavali, Christmas etc?
From India, Bengaluru
prudhvi-r-kolluru
31

It also includes the labor holidays, as given by local govt. or central govt. which are gazetted.
From India, Hyderabad
Babu Alexander
294

Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2) are the three national holidays observed in India. On these days all institutions, irrespective of under which law they are covered, or whether they are public or private organizations necessarily remain closed.
The festival holiday are decided based on the local festival of that locality and are granted to the employee’s in accordance with the company policies. Total nine days minimum to be declared per year.

From India, Madras
vmlakshminarayanan
951

Hi,
5 Festival holidays based on location specific ( which ever important in the state) and 4 National Holidays including May Day are called statutory holidays.
5 Festival Holidays and 4 National Holidays in total.

From India, Madras
poornima-gowda-deepak
Thank you for all the responses
From India, Bengaluru
aarya-pockethrms
1

Statutory holidays, also known as public holidays or legal holidays, are days designated by the government or authorities within a particular country or region as days when most businesses, government offices, and institutions are closed and employees are entitled to a day off or premium pay if they work on those days. These holidays are established by law or statute and are typically based on cultural, religious, historical, or national significance.

The specific holidays designated as statutory can vary significantly from one country to another. Examples include New Year's Day, Independence Day, Christmas, Easter, Labor Day, and other culturally or historically significant events. The entitlements regarding pay, time off, or additional compensation for working on statutory holidays also vary depending on local labor laws, collective bargaining agreements, or company policies.

From India, Thane
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.