One wallet that puts more money in your employees' pockets

A multi-wallet card allows companies to allocate different benefit categories, such as meals, fuel, gifts, telecom, and LTA, into separate, policy-controlled wallets on a single card.

This ensures tax efficiency, compliance, and real-time control.

Under the new Income Tax Rules 2025 (effective April 1, 2026), the meal coupon exemption limit has been raised from ₹50 per meal to ₹200 per meal. At 2 meals per working day and 22 working days per month, the annual tax-free meal benefit is now up to ₹8,800/month (₹1,05,600 annually) under structured meal benefits. This applies under Section 17(2)(viii) of the Income Tax Act, read with Rule 3(7)(iii).

Yes, but only in a limited and structured way. The new tax regime under Section 115BAC offers lower tax rates with minimal exemptions, so most traditional deductions are not available.

What is allowed:

• Standard deduction (₹75,000)

• Rebate under Section 87A (as applicable)

• Employer NPS contribution (Section 80CCD(2))

• Select rule-based allowances

Certain benefits, when structured as per Income Tax Rules, remain tax-efficient. For example:

• Meal benefits provided via compliant instruments can offer tax-exempt value up to ₹200 per meal, subject to conditions under Rule 3.

EnKash helps companies structure benefits based on both regimes.

Yes.

The EnKash Multi-Wallet Card operates on the open RuPay network and is accepted at 50 lakh+ merchant touchpoints across all 36 states and Union Territories of India — including:

• Restaurants and grocery stores
• Fuel stations
• Online platforms like Swiggy and Zomato
• POS machines across cities and towns

Each wallet is restricted by merchant category to ensure compliant usage.

Yes.

Employees can claim tax exemption on up to 2 domestic journeys in the 2026–2029 LTA block under Section 10(5).

The exemption covers actual fare costs for air, rail, or public transport via the shortest route, for the employee and immediate family (spouse, children, dependent parents/siblings).

EnKash's LTA wallet tracks claim eligibility automatically and maintains documentation for audit purposes.

Most companies go live within 48 hours after documentation.

• Virtual cards: issued instantly

• Physical cards: delivered in 3–5 working days

Dedicated onboarding support ensures a smooth rollout.

Non-cash gifts and gift vouchers provided by an employer are exempt from tax up to ₹15,000 per year per employee under Section 17(2)(viii).

Cash gifts, however, are fully taxable regardless of amount. The EnKash Gift Wallet ensures all disbursements are in a compliant non-cash form, with digital receipts maintained automatically.

Yes.

EnKash integrates with leading HRMS and payroll platforms in India, including Darwinbox, Keka, greytHR, Zoho People, and SAP, as well as other payroll systems like Paybooks and Saral.

For custom ERPs, a REST API is available. Bulk upload via CSV is always available as a fallback.

Unlike others, EnKash operates on its own RBI-issued PPI license, enabling:

• Instant card issuance

• Real-time spend controls

• UPI-enabled payments

• Direct integration with finance systems

Unlike traditional providers, EnKash gives businesses full control before the transaction happens.

Unlike traditional Sodexo or Pluxee meal cards, EnKash offers UPI-enabled payments, real-time controls and multi-wallet flexibility across benefits like fuel, telecom, and LTA — all on one card.

No. Employee benefits are structured by reallocating existing salary components. Companies can improve employee take-home pay without increasing total CTC.

Each wallet is restricted using merchant category controls (MCC), ensuring funds are spent only on approved categories like food, fuel, or travel.

This enforces policy at the transaction level, not after.

Yes. EnKash operates under an RBI-issued PPI license and follows strict compliance standards, including PCI-DSS and enterprise-grade security protocols.