Holidays that are officially declared by the government are the ones that are observed and recognized by the company in India. On holidays recognized by the company, employees are granted time off with full pay. In the event that critical work necessitates attendance on the day of the holiday, staff members receive overtime compensation or an alternate day off. The following day is typically observed as a holiday if it falls on a Saturday or Sunday. An employee is given an alternate day off at the company’s convenience if a holiday falls on their regular day off.
In India, it is mandatory to observe three national holidays. These are Republic Day on January 26th, Independence Day on August 15th, and Mahatma Gandhi’s birthday on October 2nd. In addition to the weekly shut day, which is often Sunday for businesses, there is also a mandatory holiday.
Usually, a business determines how many holidays it will offer each year. It might be anywhere from 10 and 20. These holidays are set based on a state’s significance on a given day.
