https://www.taxtmi.com/acts?id=54706 Exemption requires majority employee consent, an approved group insurance policy for all employees, and employer certification of more beneficial coverage without employee premium payments. Applications must be made in advance and exemptions operate prospectively. Exempt establishments must protect assurance benefits where an insurer defaults, maintain records, submit monthly returns, facilitate inspection, and settle claims within prescribed timeframes. Exemptions last three years unless cancelled or surrendered, while more beneficial Scheme amendments apply automatically pending policy revision. Breach may result in cancellation after a show-cause notice. en-us Sat, 04 Jul 2026 12:56:02 +0530 Thu, 06 Aug 2026 16:11:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54706 Exemption requires majority employee consent, an approved group insurance policy for all employees, and employer certification of more beneficial coverage without employee premium payments. Applications must be made in advance and exemptions operate prospectively. Exempt establishments must protect assurance benefits where an insurer defaults, maintain records, submit monthly returns, facilitate inspection, and settle claims within prescribed timeframes. Exemptions last three years unless cancelled or surrendered, while more beneficial Scheme amendments apply automatically pending policy revision. Breach may result in cancellation after a show-cause notice. Act-Rules Labour laws Sat, 04 Jul 2026 12:56:02 +0530 https://www.taxtmi.com/acts?id=54706