Dear Madhu,
As far as MBA Graduates are concerned, you cannot deduct their PF/ESI from their stipend because their jobs are temporarily basis or you can check from your company what policies have been made for these Fresh Graduates. If the policy allows to bring them on rolls then you can pay them stipend and deduct the PF/ESI accordingly.
thanks & regards,
Chitragya
As far as MBA Graduates are concerned, you cannot deduct their PF/ESI from their stipend because their jobs are temporarily basis or you can check from your company what policies have been made for these Fresh Graduates. If the policy allows to bring them on rolls then you can pay them stipend and deduct the PF/ESI accordingly.
thanks & regards,
Chitragya