Give your employees the maximum accessibility to their tax benefits and plan their finances with Pazcard.
2,50,000+
Employees trust us
₹2,50,000
Saved in taxes
100 %
Tax compliant
Customize, manage, and stay on top of how employees use their benefits on one platform.
Open network
With our extensive network pan India, employees will never have to worry about limited payment options again.
One platform for everything
Allocate, track and manage allowances and reimbursements all through a single portal.
Highest utilization
The ease of use of the physical card and an open network enables the highest utilization of benefits by employees.
100% Tax compliant
Stay tax-compliant and penalty-free with our reliable services. We guarantee 100% compliance.
Trust in our
Compliance & Certification
when it comes to your data security and privacy.
AICPA SOC 2 certified
ISO 27001 certified
Explore our tax-saving wallets like food wallets, fuel wallets, gift wallets, telecom wallets and many more. Track all your transactions and maximize the take-home pay of your employees.
Tax-saving food wallets that can be used at any food merchant.
Save taxes upto
₹ 7,900
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Fuel reimbursement can’t be any simpler. Fuel wallets that can be used across multiple outlets.
Save taxes upto
₹ 8,500
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Gift vouchers or cash rewards, max it tax-free and easily accessible with Gift wallets.
Save taxes upto
₹ 1,500
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Wallet for Telecom and broadband benefits
Save taxes upto
₹ 3,600
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Tax-saving food wallets that can be used at any food merchant.
Save taxes upto
₹ 3,600
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Get easy exempt on expenses towards books, periodicals, journals etc.
Save taxes upto
₹ 3,600
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Make the most of your learning & development opportunities with Learning & Development benefits.
save taxes on learning & development expenses
Spend anywhere anytime
Get exclusive offers and deals
Track spends inside the app
Now claim your travel related claims quick and hassle free with the Leave Travel Allowance wallet
save taxes on leave travel allowance
Spend anywhere anytime
Get exclusive offers and deals
Track bills inside the app
Save taxes on your spends on gadgets and equipments related to your professional needs.
save taxes on professional assets
Spend anywhere anytime
Get exclusive offers and deals
Track bills inside the app
Get real time visibility on your employees’ tax saving benefits usage
Give them an employee benefits experience like never before.
Prakash
The Pazcare team was very helpful in helping us with the details and the documents needed for the claim process. Everything about the company is impressive.
Shreya Roy
The Dashboard is very easy to use and additions and deletion have become extremely easy and seamless. Employees have easy access to insurance details on the app
Hemanth Kumar Addada
The dashboard is also very user-friendly with a very good UI/UX.
Vishwanath HY
Dashboard really helps in getting quick response for any queries and reimbursement
Have questions? We are here to help
The government has allowed a few components to be a part of your CTC and save tax on the same. These can be either allowances or reimbursements. These components namely are meal/grocery, fuel & driver salary, gifts, telecommunication and internet, books and periodicals, learning and development, gadgets and equipment, health and wellness, office wear, and leave travel allowance (LTA).
The Pazcare food wallet is accepted by a wide variety of merchants ranging from apps like Swiggy, Zomato, Zepto, etc to your local supermarket. Both online and offline transactions can be made using your food wallet from Pazcare.
Yes, the money credited to the food wallet is tax-free. As per the Income Tax Act Section 17(2)(viii) for food allowance, meal coupons up to ₹50 are tax exempted. For instance, if a salaried employee works 22 days a month and has an allowance for 2 meals a day, then the monthly food allowance will be 100*22=₹2200. Hence, opting for a Pazcare food wallet can save you up to ₹26,400 in taxes every year.
To set up the Pazcare wallet, download the Pazcare mobile app for employees. Sign up and submit the documents required for proof of verification. After that complete the KYC process to start using the Pazcare food wallet or any other Pazcare wallet. You can also request a physical VISA payment card for your offline transactions.
All your wallet transactions can be tracked inside the Pazcare mobile app for employees.
The money credited to your food wallet and gift wallet does not at the end of a financial year. Other wallets like fuel wallets, allowance wallets, telecom wallets, etc expire at the end of a financial year and the money unused money present in those wallets is taxable.
Only the unutilised balance of the Meal and Gift wallet be carried forward to the next year.
The Pazcard is valid for 5 years.
Employees can make online payments using the Pazcard details and physical payments using the physical visa card.
Visit the Pazcare app, and click on Pazcard from the bottom panel. Next, click on “Card Controls” from the top panel and then click on “Card Settings”. There will be an option to request a physical card.
If lost or stolen, first, enable “Lock Pazcare Card'' and then scroll down and click on “Report Lost/Stolen Card” if you want to reorder your card. Your virtual card will be active immediately and you can reorder your new card from the card control section.
The employee will be deactivated and no further amount can be loaded into the wallets by the employer. However, the employee will be free to use the balance on the card. It will purely depend on the employer if they want to charge tax on the unutilised amount on the wallets (except meal and gift wallets) before deactivation.