July 16, 2026, Thursday
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

Foreign currency exchange rates for today published

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 150 rupees 74 paisa and the selling rate has been fixed at 151 rupees 34 pai...

Akasio gold price, how much per tola on Sunday?

Kathmandu. The price of gold has set a new record in Nepali market today. The price of gold rose by 2,400 rupees and became the highest so far. According to the Nepal Gold and Silver Traders Federation, gold has reached 3 lakh 3 thousand 800 rupee...

Heavy fall in the price of gold, how much is the transaction?

Kathmandu. On the first trading day of the week, the price of gold decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, the price of gold has decreased by 12,500 rupees per tola to 282,000 rupees....

Today, NEPSE decreased by normal numbers, turnover of 4 billion 48 crores

Kathmandu. On the third trading day of the week, NEPSE index decreased by 0.53 points to 2644.70. During the day, 18 lakh 10 thousand 106 shares of 324 companies were bought and sold, and over 4.48 billion shares were...

Import of petroleum products worth four billion 48 crores from Kankarbhitt

Bhadrapur. In the first quarter of the current fiscal year 2082 and 083, petroleum products worth four billion 48444568 thousand have been imported from Kankarvitta through the eastern border. Petrol, diesel, LP gas, ATF, kerosene have been import...

Snow Rivers will issue an IPO to the general public from May 29

Kathmandu. Snow Rivers Limited is going to issue an IPO for the general public from this 29th of Baisakh. The company has distributed the IPO to the Nepalis who are employed abroad and the project affected, and now it is going to be released to th...