Hi,
Yes, we can compensate a working day as a holiday.
As per the rules, there are 12 holidays in a year (e.g. New Year's Day, Holi, Independence Day, etc.). If it is less than 12 days, then we can compensate a working day as a holiday.
Regards,
Binaz
What rules specify 12 holidays in a year?
The number of holidays in each year is decided by the companies themselves. There are no mandatory holidays, either by numbers or by the occasion, specified for private companies, except for the three national holidays (Republic Day, Independence Day, and Gandhi Jayanti - which are observed compulsorily by private companies more as a convention), that are mandatory for any private company in India.
If you have a list of 12 holidays that are normally observed every year, and one of them falls on a Sunday in any particular year, the employees cannot demand another working day in lieu of it. The company may, as a matter of goodwill, give them another day, but this is not a healthy practice in my opinion. It would have been better if the HR department had chosen another holiday that falls on a weekday in place of this holiday while drawing up the list of holidays, than granting a workday off now. But then, like I said, it is strictly up to the company to do what it likes in this matter.