Paternity Leave of 15 Days to Bank Male Employees with less than two surviving children
Ministry of Finance
Press Release
08-03-2016
Paternity Leave to Bank Employees
Grant of Paternity Leave to bank employees has been accepted under the 10th Wage Negotiation Settlement signed between Indian Banks’ Association (IBA) and the Unions/Associations of employees.
Male employees with less than two surviving children shall be eligible for 15 days paternity leave during his wife’s confinement and may be availed upto 15 days before or upto 6 months from the date of delivery of the child.
This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.
DSM/KA
(Release ID :137489)
- UCO Bank Concurrent Auditor Online Empanelment for FY 2025-26
- Section 87A rebate available for short-term capital gains – ITAT
- Homebuyer entitled to possession if their name included in list of financial creditors
- GSTN Advisory to file pending returns before expiry of three years on 01.10.2025
- Insurance premium paid for partner of the firm held as allowable expenditure