Employees’ Provident Funds Scheme, 2026 · Paragraph 57

Paragraph 57: Conduct of business of Central Board

Reviewed by Finin2min Editorial Desk · Last reviewed 21 August 2026

Explains the operative legal effect of conduct of business of central board under the 2026 Scheme, including who must act, what conditions apply and how the paragraph interacts with the Code on Social Security, 2020.

Chapter IX — Reporting and governanceGovernance and reportingG.S.R. 525(E)Source checked 21 Aug 2026

Finin2min 2-minute summary

Code linkage: Sections Context-specific. Timing: See paragraph page

Full notified provision text

57. Conduct of business of Central Board. — (1) All orders and other instruments shall be made and executed in the name of the Central Board and shall be authenticated by the person in the manner as the Central Board may specify. (2) All contracts and assurances of property shall be expressed to be made by the Central Board and shall be executed on behalf of the Central Board by the Commissioner.

Official Gazette PDF · G.S.R. 703(E) corrigendum

Clause / sub-paragraph explanation

(1)

(1) All orders and other instruments shall be made and executed in the name of the Central Board and shall be authenticated by the person in the manner as the Central Board may specify.

Explanation: Read this unit as a condition/permission/definition within the paragraph; apply it together with any proviso, exception and defined term that follows. The operative words above control.

(2)

(2) All contracts and assurances of property shall be expressed to be made by the Central Board and shall be executed on behalf of the Central Board by the Commissioner.

Numbers, limits and timelines found in this provision

No standalone numeric threshold was extracted; apply the qualitative conditions in the provision.

Worked practical example

A compliance team facing a 'Conduct of business of Central Board' event should identify the statutory trigger, responsible actor and documentary evidence from this paragraph before filing, paying, approving or rejecting the transaction.

Compliance checklist

Confirm the establishment/member is within the provision's scope.
Apply definitions and provisos before using a contribution/benefit figure.
Check the 4 August 2026 corrigendum and subsequent Gazette instruments.
Use current EPFO portal/form instructions where the Scheme requires electronic action.
Retain calculation, acknowledgement, approval/order and supporting data.

Q&A

What does Paragraph 57 of the Employees’ Provident Funds Scheme, 2026 cover?

What is the practical compliance focus of Conduct of business of Central Board?

Start with the exact trigger and conditions in Paragraph 57; verify coverage/eligibility, identify the responsible actor, then retain the filing, payment, calculation or decision evidence relevant to governance and reporting.

Does the 4 August 2026 corrigendum affect this paragraph?

No specific correction to this provision was identified, but G.S.R. 703(E) should still be checked where the Gazette page/line is material.

Which Code provisions should be read with Paragraph 57?

The provision register maps this paragraph to Code on Social Security sections Context-specific. Other provisions may also apply depending on the facts.

What records should be kept for Conduct of business of Central Board?

Keep the source employee/establishment data, approvals, contribution/benefit computation, portal acknowledgement, order/correspondence and the version of the Gazette/circular relied on, as applicable.