Swpe Stores · $250 a year

A $250 Swag Budget per Employee, Landed in India

About ₹22,000 a head, which in India is a generous number rather than a mid one: it is the band where a store can replace the annual festive gift entirely and still fund a redemption or two besides. It sits well above the ₹15,000 income-tax threshold for gifts in kind, so unlike the smaller bands it needs its structure thought about rather than assumed. Below the ₹50,000 GST threshold, comfortably.

Produced and warehoused in Pune, delivered to 21,000+ pincodes on a GST invoice. No import, so no duty and no customs paperwork for your employee to file.

What $250 reaches

One way to spend it, from our real catalogue at real prices: 10 pieces coming to ₹12,190 of the ₹22,000 available. An employee picks their own combination, and most take fewer, better things. At this budget the whole of our standard branded range fits inside one employee’s balance, so a store at this level is built on a premium range quoted for you rather than on the open catalogue.

Catalogue prices exclusive of GST and branding. A store built for you carries a range approved by you, which is usually narrower and better than the open catalogue.

How the budget is actually spent

You fund, they choose

Every employee sees $250 as a balance when they sign in with their work email, and spends it on what they want, in their size, to their own address.

Billed on redemption

The company is invoiced for what employees actually take, on one GST invoice. Budget nobody spends is not billed, so a generous allocation costs nothing until it is used.

They can add their own money

An employee can put the difference on their own card and take something above the balance on the same order, which is the point at which people start buying the logo because they want it.

Questions about a $250 budget

Can a $250 store replace our Diwali gift?+

It can, and letting people choose usually lands better than a hamper everyone receives identically. The practical caution is timing: if the whole company redeems in the same fortnight you lose the stock advantage of a year-round store, so most companies keep a festive moment and let the balance run across the rest of the year.

What changes about tax at this level?+

About ₹22,000 exceeds the ₹15,000 aggregate at which gifts in kind are treated as nil-value for income tax, so a perquisite question arises that the smaller bands avoid. The GST position is separate and unaffected at this level: the ₹50,000 Schedule I threshold is a long way off. Read our swag tax page for the instruments, then take it to your CA.

Price this budget for your headcount

Send the number of employees and where they sit. You will hear back within 24 hours, Monday to Saturday.

We respond within 24 hours, Monday–Saturday

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