Dear Mr.Deshmukh,
You have not written clearly. You said that 30 peoples fresh passed out from colleges are appointed. But category of work you have not mentioned. You said that you are paying remuneration as stipend. This statement is wrong. Please see whether you want to pay them as Stipend, they must be appointed under Apprenticeship Act and to be paid stipend as stipulated by the Government for different trades and in such case the Provident Fund does not applicable. If you are appointed under other normal service condition and your payment as remuneration will definitely attract the Provident Fund. Whatever the payment you are making as salary, remuneration, honorarium, stipend, retainer ship shall have their own definition and depend upon category of service. You cannot call whatever you want. Each word shall have its own meaning within the purview of law.
Adoni Suguresh
Sr.Executive (Pers, Admin & Ind.Rels) Rtd
Labour Laws Consultant .