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
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...
NEPSE down 10.25 points, turnover above 11 billion 65 crores
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 10.25 points and remained at the point of 2697.07. During the day, 262,36,204 shares of 330 companies were bought and sold, totaling 11.65 billion 97 million shares. Tod...
1.5 lakh shares of Muktinath Development Bank for sale at Rs 135 per share
Kathmandu. Muktinath Bikas Bank Limited has put founder shares on sale. The bank has put 1 lakh 56 thousand 283 shares for sale towards the founder group.
For the purchase of the said shares, any person or company should apply to the office...
BP highway reconstruction is accelerated, 3.2 km road will be constructed through JICA for 2.6 billion
Ramechhap. The remaining road section of the Kavre-Sindhuli section from Piple in Kavre to Barkhekhola in Sindhuli will be constructed in two lanes with the support of Japan International Cooperation Agency (JICA).
Suman Yogesh, Head of Road...
Enthusiasm in real estate business, revenue collection of 4.84 billion in the month of November alone
Kathmandu. With the opening of lots, enthusiasm has been seen in the real estate business in the month of November. According to the Department of Land Management and Records, a revenue of 4.84 billion 81 million rupees was collected from real est...
Heavy fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. On Tuesday, the price of gold and silver, which is constantly increasing, has fallen sharply. According to the Nepal Gold and Silver Traders Federation, today the price of gold has decreased by 7 thousand 900 rupees per tola.
Alon...