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    <description>Employees may be exempted from the operation of all or any provisions of the Employees&#039; Provident Funds Scheme, 2026 on an application in Form-I, where the appropriate Government issues a notification subject to specified conditions. Such exemption is available only if the employee is already entitled under the establishment&#039;s rules to benefits that are substantially similar to, or better than, those under the Code and the Scheme. Where exemption is granted, the employer must maintain accounts, file returns electronically in Form-II, provide inspection facilities, pay inspection charges, and invest provident fund collections as directed.</description>
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