Staffing Businesses for Sale in Mumbai

Specialized in comprehensive payroll processing services for diverse businesses. - Successfully meeting SOC2 requirements under SSAE 16, ensuring top-notch security and reliability. - Currently managing payroll for around 20 companies, generating an average of 1,200 payslips monthly. - Each payslip yields revenue ranging from Rs 170-180, showcasing a robust financial performance. - Cultivating enduring client relationships, with an average client tenure exceeding 8 years. - Serving a clientele of approximately 12 companies, involving a total of 20 processed entities. - The payroll processing services encompass a spectrum of activities, including salary structure management, monthly processing, quarterly activities, and year-end processing. - Monthly payroll operations involve precise data processing, TDS calculation, and detailed audits with client approvals. - Varied reports are generated monthly, pinpointing reasons for discrepancies in TDS, Gross pay-out, and net pay-out. - Swift generation of bank transfer files ensures seamless monthly salary crediting. - Proficient in generating MIS and compliance statutory reports & challans for PF, ESIC, P. TAX, and TDS. - Full and final settlement services offered for resigned employees. - Quarterly activities include rigorous returns audit and timely filing of TDS returns for clients. - Year-end processes cover investment proof audits, filing of Annual eTDS returns, and digitally signed TRACES Form 16 generation. - A strong emphasis on compliance management for professional tax, PF, and ESIC. - The company is not part of the transaction, only the business is up for sale.