Hi all, May 1 is Labour Day in Maharashtra. However, our company has not declared a holiday on 1st May. Is it okay? Will it have any legal repercussions? What does the Labour Law say about a holiday on 1st May? Is it mandatory for private companies to give a holiday on 1st May? Please advise.
Regards,
Mini
From India, Mumbai
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4Regards,
Mini
From India, Mumbai
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In a calendar year in India, there are a few mandated holidays that must be given and followed by all sectors, whether private or public. In case the company has decided to work on the 1st of May, which falls under the purview of a mandated compulsory holiday, then your management will have to pay 2-3 times the basic salary to each employee who worked on that day.
From India, Mumbai
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From India, Mumbai
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AP LABOUR HOLIDAY LIST 2011.pdf