September 6, 2026, Sunday
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

Orange sales worth 269 million this year in Baglung

Dhorpatan. This year, Baglung has produced oranges worth Rs. 269 million. With the increase in the interest of farmers towards orange cultivation, the production has increased. Compared to last year, oranges worth Rs 44 lakh more have been produce...

How much has the general increase in the price of gold and silver reached per tola?

Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by 1000 rupees per tola. According to the Federation of Nepal Gold and Silver Traders, on Wednesday, Rs 3 lakh 6 thousand 600 was...

Samling Power appoints SBI Merchant Banking as sales manager for rights issue

Kathmandu. Samling Power Company is going to issue rights shares. The company has appointed Nepal SBI Merchant Banking as the rightful share manager. The company has appointed SBI Merchant Banking as sales manager on 21st January.

The compan...

27.93 billion revenue collection by Bagmati state government

Kathmandu. The Bagmati state government has collected 41.40 percent of the annual target in the nine months of the current financial year, i.e. 27 billion 933 million two thousand rupees. Real estate registration, property tax and vehicle tax are...

Hotel View Bhrikuti has announced a special offer for the English New Year

Lalitpur. Hotel View Bhrikuti has announced a special festive offer for guests on the occasion of Christmas and English New Year 2026. The hotel management said that the offer will be applicable from December 24, 2025 to January 1, 2026.

A Chinese company is in charge of printing 430 million notes of 1000 denominations

Kathmandu. Nepal Rastra Bank has given a contract to a Chinese company to print new notes of 1000 rupees. Rastra Bank has issued a notification and informed that China Bank Note Printing and Minting Corporation has bee...