Hi
Private Limited or Public Limited or Partnership firm or Propreitorship firm.... it ios immaterail for deciding the number of Holidays.
1. Central Govt and State Govt officed will follow the Holidays declared by the Govt as Public Holidays.
2. Banks will follow Holidays declared under the Negotiable Instryments Act
3. All others need to follow the National and Festival Holidays Act applicable in their respective States
National Holidays
Republic Day, Independance Day and Gandhi Jayanthi are declared as National Holidays in all States In Tamilnadu and Kerala May Day is also declared as National Holiday. In karnataka Rajayotsava Day is decxlared as National Holiday. Most States have 4 National Holidays. If one os these days falls on Sunday and a declared Holiday, you still declare this National Holiday and it need not be compendated with another Holiday
Festival Holidays
There are generally 5 days in many States. Kerala has 7 or 8 days declared as Festival Holidays. These days will be decided every year and the festivals can be decided by the Management in consultation with employees/union.
So under the National and Festival Holidays act, an organisation engaged in any business shall declare 3/4 National Holidays and 5 Festival Holidays.
Minimum total will be 9 in States like Tamilnadu, Karnataka, Maharashtra, Delhi and Maximum is 12 as in Kerala.
Earned Leave/Privelege Leave
it is guided by Factories Act or Shops and Establishments Act or Mines Act or Planrtaions Act. In factories it is calculated as one day for every twenty days of work It is the same alkl over India In Shops and Establishments Act under which all Banks, BPOs IT Comp[-anioes Call centres come, it is 15 days in a calendar year It is generally same all over India HBowever I would request you to check your local Shops and Establishments Act
Casual/ Sick Leave
No casual Leave or Sick Leave is applicable as per any law for Factories.
If at all these factories provide, it is always under some settlement or as per contractual terms for executives/non unisonised staff.
Under the Shops and Establishments Act, 12 days of Casual/Sick leave is allowed in Tamilnad and some stated have 14 days. Please refer to your local Act
Leave for General Election
Under the Peoples Representaion Act, all establishments shall declare the Voting Day in their locality as a Paid Holiday for elections for Assemblies and Parliaments and for any byelection for these seats in their locality.
This is not applicable for local Municipal/Corporation elections. These Holidays can not be compensated
Accident Leave
All those employees covered under ESI are covered for Accident leave under the Act. Those who are not covered under ESI are covered under the Workemen's Compensation Act
Siva