Please tell me how many paid holidays allowed in factories or corporate office in Maharashtra
From United States, Chicago
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From United States, Chicago
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The Factories Act 1948 provides for only weekly holidays and compensatory holidays, which are paid, but there are no holidays other than this. However, an employer can allow holidays under a contract of service or by way of an agreement.
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From India, Mumbai
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From India, Mumbai
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There are three compulsory holidays: 26th January (Republic Day), 15th August (Independence Day), and 2nd October (Gandhi Jayanti). Any other holidays differ from state to state and industry to industry. There is a list of holidays that are applicable only to banks, and there is another list that is applicable to factories.
From India, Mumbai
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From India, Mumbai
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I have not come across any provision under the Factories Act which declares 26th January, 15th August, and 2nd October as compulsory paid holidays. Probably it escaped my notice. Kindly specify the said provisions for my information.
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From India, Mumbai
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From India, Mumbai
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I would like to clarify that the weekly off days/compensatory days are generally paid holidays.
In addition, the National & Festival Holidays Act declares 8 holidays as National and Festival holidays for employees as paid holidays in a year.
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D. Gurumurthy
LL.HR & IR Consultant
From India, Hyderabad
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In addition, the National & Festival Holidays Act declares 8 holidays as National and Festival holidays for employees as paid holidays in a year.
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D. Gurumurthy
LL.HR & IR Consultant
From India, Hyderabad
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Saikumar,
In my response to the above query, I didn't give any reference to the Factories Act, 1948. All I said was that there are three holidays that are compulsory (26th January, 15th August, and 2nd October) for all companies and industries across India. Other holidays are chosen by companies based on the state of their operations. In fact, if one company has offices in different states, they can choose a different list of holidays.
Thanks,
Sanjeev
From India, Mumbai
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In my response to the above query, I didn't give any reference to the Factories Act, 1948. All I said was that there are three holidays that are compulsory (26th January, 15th August, and 2nd October) for all companies and industries across India. Other holidays are chosen by companies based on the state of their operations. In fact, if one company has offices in different states, they can choose a different list of holidays.
Thanks,
Sanjeev
From India, Mumbai
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What I understand after reading Mr. Guru Murthy's reply is that these three national holidays are compulsory under the National and Festival Holidays Act. I tried to ascertain whether this is a state Act or a Central Act. It appears to be a state Act of respective states. If so, we do not have a similar Act in Maharashtra. Nevertheless, thanks to you and Mr. Guru Murthy for this useful update.
Regards,
B. Saikumar
HR & Labour Law Consultant
Mumbai
From India, Mumbai
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Regards,
B. Saikumar
HR & Labour Law Consultant
Mumbai
From India, Mumbai
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Understanding Paid Holidays in Maharashtra
There is a difference between leave, a weekly off, and a Paid Holiday. A weekly off is something that every employee gets as their right for the work done during the week. Leaves are a right of an employee, but they can take them as per their wish and when required. These are either Casual Leave, Sick Leave, or Privilege Leave as per the company structure.
Paid Holidays
Regarding Paid Holidays, every company offers paid leave to its employees on various occasions depending on the festivals of the states, so it varies according to the states. However, there are three compulsory holidays or statutory holidays mandated by the Government of India: 26th January, 15th August, and 2nd October. Any factory or establishment must remain closed on these days irrespective of the law under which it is covered. In the state of Maharashtra, since Maharashtra Day falls on 1st May, it is a statutory holiday, and the institutes (factories or establishments) are required to be closed.
If the establishment cannot be closed, the employees or workers are required to be paid two times their pay for that particular day, in addition to what they would have received for a normal working day. For example, if a worker is earning Rs. 100 for that day, they would receive Rs. 100 as their daily pay plus an additional Rs. 200 as extra pay or overtime for the work done, or it can be compensated with two compensatory offs as per the company policy.
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Sulakshana
From India, Khopoli
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There is a difference between leave, a weekly off, and a Paid Holiday. A weekly off is something that every employee gets as their right for the work done during the week. Leaves are a right of an employee, but they can take them as per their wish and when required. These are either Casual Leave, Sick Leave, or Privilege Leave as per the company structure.
Paid Holidays
Regarding Paid Holidays, every company offers paid leave to its employees on various occasions depending on the festivals of the states, so it varies according to the states. However, there are three compulsory holidays or statutory holidays mandated by the Government of India: 26th January, 15th August, and 2nd October. Any factory or establishment must remain closed on these days irrespective of the law under which it is covered. In the state of Maharashtra, since Maharashtra Day falls on 1st May, it is a statutory holiday, and the institutes (factories or establishments) are required to be closed.
If the establishment cannot be closed, the employees or workers are required to be paid two times their pay for that particular day, in addition to what they would have received for a normal working day. For example, if a worker is earning Rs. 100 for that day, they would receive Rs. 100 as their daily pay plus an additional Rs. 200 as extra pay or overtime for the work done, or it can be compensated with two compensatory offs as per the company policy.
Regards,
Sulakshana
From India, Khopoli
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Hi All, Can we have any reference regarding Labour Day as Mandatory / Compulsory Holiday under Shops & Establishment. Rgds
From India, New Delhi
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From India, New Delhi
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Hi, Sulaxna has very rightly defined the weekly offs, leaves, and holidays. There can be holidays declared by the State Government, apart from national holidays declared by the Government of India. Industries can also set their own holidays for particular causes pertaining to the industry.
From India, Mumbai
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From India, Mumbai
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