Riders of Pathao and Indrive must take mandatory PAN
-
Media Baaji
- Thu, 16 July 2026
Kathmandu. The government has brought ride-sharing services such as Pathao and InDrive under the ambit of taxation and implemented a new legal arrangement related to Value Added Tax VAT.
The Internal Revenue Department has issued a public notice and according to the amendment made through the Economic Act, 2083, the riders who join such platforms and provide services have to pay tax at the rate of 5 percent.
According to this new arrangement, now the ride-sharing platforms will have to collect value added tax at the rate of 5 percent during the transaction from the riders who provide transport and transportation services through their app.
Express
Related News
Testing of Kohalpur-Surkhet 132 KV Power Transmission Line
Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...
As the real estate business gradually declined, the revenue collection also decreased
Kathmandu. It has been found that real estate transactions are gradually decreasing across the country. As the turnover is decreasing, the revenue collection has also decreased. According to the Department of Land Management and Records, which kee...
Kalinchok Hydropower will issue IPO from 13th of February
Kathmandu. Kalinchok Hydropower Limited is going to issue IPO from 13th of February. The company is about to issue an IPO for the local residents of the project-affected areas and Nepalis working abroad.
The company got permission to issue 1...
The price of the American dollar is the highest so far, how much is one dollar Nepalese rupee?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Saturday today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. The buying r...
Exchange rate determination: The selling rate of US dollar exceeded Rs.151
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Monday. According to the new rate set by the Central Bank, today the buying rate of one US dollar has reached 150 rupees 62 paisa and the selling rate...
Govt to elect Chairman of Nepal Insurance Authority
Kathmandu. Balen government's decision to keep someone better than us in the government leadership level has made it difficult to find supporters. Insurance officials are of the opinion that the government, which extended the selection proce...