NATIONAL AND FESTIVAL HOLIDAYS DURING 2010
Regulation with regard to the grant of paid holidays to employees is governed by the Karnataka Industrial Establishment (National & Festival Holidays) Act 1963. The minimum number of holidays provided as per the amended Sec.3 of the act is "TEN" days in a calendar year, of which 26th January, 15th August, 2nd October, 1st May Day, and 1st November are compulsory. However, compulsory declaration of holidays on May Day and Kannada Rajyotsava are not obligatory for Central Public Sector Undertakings, who need to observe a minimum of eight paid holidays in a calendar year.
If any of the compulsory holidays fall on the holiday, even then the same has to be declared as a Paid Holiday, as in the case of these holidays "substitution" does not arise.
For any clarification, feel free to contact.
Regards, Ashok HR - Executive John Fowler India Pvt Ltd, Bangalore Mob: 9538552360