September 8, 2026, Tuesday
English

Riders of Pathao and Indrive must take mandatory PAN

Main News Image

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.

mediabaaji add

Related News

Three billion is being invested in the construction of international transmission lines

Kathmandu. Nepal Electricity Authority is going to invest a total of 3 billion in the joint company to be established for the construction of two international transmission lines.
According to the Ministry of Ener...

NEPSE rose by 7.73 points, trading at 4.74 billion

Kathmandu. The stock market rose on the first trading day of the week. The market index NEPSE increased by 7.73 points and stopped at 2796 points. Earlier on Friday, NEPSE increased by 1.5 points. The turnover has decreased. The previous day's tur...

What is the exchange rate of which foreign currency for today?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...

The government gave the permission, the industrialists increased the price of gas

Kathmandu. Industrialists have increased the price of cooking gas. The industrialists have increased the price of gas by 150 rupees and 18 paise per cylinder on the pretext of increasing the cost of transportation due to the blockage of Prithvi Hi...

Rastra Bank will collect 1 trillion 25 billion deposits today, more liquidity in the market

Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion 25 billion rupees again this Friday to manage excess liquidity in the financial system. Even after two weeks of formation of the new government, since the liquidity press...

The supply of cooking gas will be eased within a few days, the ministry's request to avoid hoarding

Kathmandu. The Ministry of Industry, Commerce and Supply has said that the supply of LP gas for cooking in the market will be eased within a few days. In a statement released on Tuesday by the spokesperson of the ministry, Netra Prasad Subedi, it...