Eligibility conditions for grant of exemption
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....ablishment are in receipt of benefits substantially similar or superior to the benefits granted in the schemes framed under Chapter III or the benefits available under Chapter IV, as the case may be, of the Code; (b) the establishment seeking exemption shall make an application electronically or otherwise; (c) the establishment has been complying with the provisions of Chapter II....
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....heme or the Pension Scheme framed under section 15 shall have a cumulative balance in members account of rupees fifty crore or more in respect of the Scheme from which exemption is sought; (f) for the purposes of the Chapter III, the establishment shall furnish consent of majority of the employees for seeking exemption under section 143; (g) the establishment seeking exemption sh....
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....om the date of the notification and shall contain the other terms and conditions to be complied with by the establishment and /or the employer, as the case may be. (3) (a) The application for extension of exemption under section 143 shall be made on specified portal, at least six months before expiry of exemption. (b) The exemption granted to an establishment from the provisions of Chapter I....
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