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.
Express
Related News
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...
As the US dollar appreciates so does the exchange rate of other foreign currencies
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has increased. For today, the buying rate of one US dollar is 149 rupees 11 paisa and the...
Rashtra Bank circular for implementation of the new system
Kathmandu. Nepal Rastra Bank has issued a circular to the banks and financial institutions for the implementation of the new arrangements made through the first quarter review of the monetary policy of the current fina...
An arch bridge is being built at a cost of 1 billion 21 crores
Damauli. The work of a four-lane bridge under construction at Damauli Bazar under the Muglin-Pokhara road section is going on in full swing. Muglin Pokhara Road Plan Eastern Section has reported that 77 percent progress has been made on the bridge...
Bamjan Acquitted in Money Laundering Case
Kathmandu: The Sarlahi District Court has acquitted Ram Bahadur Bamjan, known as the Little Buddha, in a money laundering case. On Baisakh 8, a bench led by Judge Mahendra Raj Kafle ruled that the charges in the case were not substantiated and dec...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the fixed exchange rate for today, the buying rate of one US dollar is 143 rupees 36 paisa and the selling rate is 143 rupees 96 paisa. Simi...