Section 17(1A)(d) in Employees Provident Funds Miscellaneous Provisions Act, 1952
(d)the Board of Trustees constituted under clause (b) shall-(i)maintain detailed accounts to show the contributions credited, withdrawals made and interest accrued in respect of each employee;(ii)submit such returns to the Regional Provident Fund Commissioner or any other officer as the Central Government may direct from time to time;(iii)invest the provident fund monies in accordance with the directions issued by the Central Government from time to time;(iv)transfer, where necessary, the provident fund account of any employee; and(v)perform such other duties as may be specified in the Scheme.