Amnik Talwar, 33 years old, likes to stay prepared. Although Talwar and her husband M. Devicharan, 33-year-old automobile engineer, didn’t draw up a timeline to have a child, Talwar knew that she needed to be prepared. Talwar, who is a chartered accountant and has worked in the audit team of a bank, knew that she would go beyond the entitled maternity leave and take a longer sabbatical after having a child. For this to happen without much financial discomfort, Talwar estimated a corpus that’s at least 1 year of her salary. “I always wanted to be a very involved mother so I knew that the 3-month maternity won’t be enough for me. I always saw myself taking a year off and so I knew I needed a year’s salary,” she said. The paid maternity leave has since then been increased to 6 months.
Mid-cap Indian IT companies expected to outperform large-cap firms in FY25
Read More