as per
Industrial Employment (Standing Orders) Act, 1946
INDUSTRIAL EMPLOYMENT (STANDING ORDERS)
CENTRAL RULES, 1946
10. Festival holidays and leave.--
(a)
There shall be seven paid festival holidays or as laid down in an agreement or an award in force.
Out of these seven days, the Republic Day, Independence Day and Mahatma Gandhi’s Birthday shall be allowed without option and the rest of the days shall be fixed by agreement or local custom. Whenever a workman has to work on any of these holidays, he shall, at his option be entitled to either thrice the wages for the day or twice the wages for the day on which he work and in addition to avail himself of a substituted holiday with wages on any other day or as laid down in an agreement or an award in force