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    <description>Eligibility for exemption under section 143 requires substantially similar or superior benefits, electronic or other application, three years&#039; continuous compliance without default, prescribed membership levels, positive net worth, employee consent for Chapter III, Aadhaar seeding, and online claim and grievance facilities for Chapter III. Grant of exemption takes effect from the notification date and may include further terms. Extension must be sought six months before expiry, with Chapter IV extensions subject to continued compliance, prior consultation of the Corporation, and scheme-based terms for provident fund, pension, or insurance exemptions.</description>
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