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.
Related News
Everest Color will issue IPO from May 16
Kathmandu. Everest Color Limited is going to issue ordinary share IPO for the Nepalese who are employed abroad in the first phase from this 16th of Baisakh. The company has received permission from the Nepal Securities Board to issue 16.33 percent...
Another 18 industries were cut
Kathmandu. Nepal Electricity Authority has cut the lines of 18 more industries amid the trunk and dedicated line tariff disputes. The authority cut the line of that industry on Friday evening. According to Rajan Dhakal, spokesperson of the authori...
2 million shares of Bhujung Hydropower IPO coming
Kathmandu. Nepal Securities Board Sebon has given permission to Bhujung Hydropower Limited to issue an initial public issue IPO to the general public. Sebon has given approval to the company to issue 2 million shares w...
Janakpur-Jayanagar train service will be closed for 3 days for election
Kathmandu. Nepal Railway Company Limited has announced that the train service operating on the Janakpur-Jayanagar section will be completely closed for three days, aiming at the upcoming election of members of the House of Representatives. Accordi...
The price of gold increased, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by one thousand rupees. According to the Federation of Nepal Gold and Silver Traders, today, two lakh 85 thousand 600 rupees are being traded in gold tola. Th...
How was the weather across the country on Friday?
Kathmandu. Currently, there is no significant impact of any weather system across the country, according to the Water and Weather Forecast Division.
According to the division, the weather will remain mostly clear...