Statutory Holidays mean the Mandatory ones like Independence Day, Republic Day Gandhi Jayanthi or it includes festivals like Deepavali, Christmas etc?
From India, Bengaluru
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It also includes the labor holidays, as given by local govt. or central govt. which are gazetted.
From India, Hyderabad
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Republic Day (January 26), Independence Day (August 15) and Gandhi Jayanti (October 2) are the three national holidays observed in India. On these days all institutions, irrespective of under which law they are covered, or whether they are public or private organizations necessarily remain closed.
The festival holiday are decided based on the local festival of that locality and are granted to the employee’s in accordance with the company policies. Total nine days minimum to be declared per year.

From India, Madras
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Hi,

Five festival holidays based on location-specific (whichever is important in the state) and four national holidays, including May Day, are called statutory holidays. In total, there are five festival holidays and four national holidays.

Thank you.

From India, Madras
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Thank you for all the responses
From India, Bengaluru
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Statutory holidays, also known as public holidays or legal holidays, are days designated by the government or authorities within a particular country or region as days when most businesses, government offices, and institutions are closed, and employees are entitled to a day off or premium pay if they work on those days. These holidays are established by law or statute and are typically based on cultural, religious, historical, or national significance.

The specific holidays designated as statutory can vary significantly from one country to another. Examples include New Year's Day, Independence Day, Christmas, Easter, Labor Day, and other culturally or historically significant events. The entitlements regarding pay, time off, or additional compensation for working on statutory holidays also vary depending on local labor laws, collective bargaining agreements, or company policies.

From India, Thane
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