CISF · 2024 Labour & Social Security Law › Social Security (EPF/ESI)Consider the following statements in respect of granting exemption from the operation of the provisions of the Employees' Provident Fund Scheme under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 : 1. In case the appropriate government is of the opinion that the rules of provident fund as to the rate of contributions of an establishment are not less favourable than the benefits provided under the Act, exemption may be granted. 2. In case the employees in an establishment are in receipt of benefits in nature of provident fund, pension or gratuity, which are not less favourable to the employees than the benefits provided under the Act, exemption may be granted. 3. Where such exemptions have been granted, the provisions regarding contributions (Section 6), and determination of money due from employers (Section 7A) under the Act, will not apply. Which of the statements given above is/are correct?
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