Tax-saving benefits are financial benefits that organisations offer employees to maximise their savings by reducing taxable income based on local government regulations.

These benefits allow employees to lower taxable income by deducting eligible expenses or investments from their total income, thereby lowering the amount of income subject to taxation and potentially resulting in lower tax liabilities.

You can help employees maximise savings by offering tax-saving benefits like books and periodicals allowances and reimbursement for meals, telephone, and fuel expenses.

Empuls Multi-Benefit card simplifies employee tax benefits with a single card, covering allowances for books, meals, fuel, and more.

It streamlines your and your employees’ tax-saving efforts replacing traditional methods like food coupons and fuel cards. You can add tax-free benefits electronically, saving up to INR 30,000 annually which allows employees to reduce their tax payout and boost their take-home salary.

1) Instant activation: You can activate individual employee wallets conveniently and swiftly, ensuring complete tax compliance and zero waiting period upon KYC approval.

2) Digital and physical cards: They ensure money loaded in the wallet is tax-free and can be accessed by your employees through virtual and physical RuPay cards.

3) Real-time reports: You get access to real-time utilisation reports on the dashboard, with 100% digital onboarding and spend tracking for both employees and the organisation.

4) Mobile app: It makes access to the digital card convenient on the go and is available for iOS and Android users.

You can activate it in less than 10 minutes by following the steps:

Step 1: Log In

Log in to your Empuls account to access all the features. You can customise flexible benefits programs by selecting from 20 diverse options such as meals, travel, fuel, fitness, and more.

Step 2: Activate & Recharge

Activate and recharge the card with the allocated funds to enable the employee benefits program. Specify your prepaid card rules, limits, and card design tailored to your employees' needs.

Step 3: Ready to Use

Distribute the Multi-Benefit card among your employees. You can manage prepaid cards by tracking detailed metrics, including payroll, activation, usage, and financial reports for comprehensive oversight.

It allows employees to leverage tax benefits on dining expenses. They can access meal gift vouchers from popular brands like Swiggy, Zomato, Zepto, Dominos, and more.

It helps optimise savings on fuel expenses and drivers' salaries digitally or with a physical multi-wallet card. Employees can claim reimbursements for work-related fuel costs and can utilise the allowance on fuel vouchers from vendors like HP, Indian Oil, Bharat Petroleum, and others.

It keeps employees up-to-date with industry advancements by providing access to learning platforms and store partners. It helps organisations cultivate a knowledgeable and skilled workforce.

It allows tax savings on telecom expenses by providing employees access to vouchers from telecom providers such as Airtel, Jio, BSNL, ACT, and others, covering mobile and broadband services.