September 4, 2026, Friday
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

The price of gold increased, how much per tola on Thursday?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 800 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 284,000 rupees per tola today. The price of 10 grams of gold...

What is the foreign currency exchange rate for dollars, euros and pounds?

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the information released by the Central Bank, today the buying rate of one US dollar has remained at 152 rupees 32 paisa and the sel...

More than 2.7 million smart licenses were sent to the offices for distribution

Kathmandu. The Transport Management Department has completed the printing of driver's license (Smart License) which has been stopped for the past four years and has accelerated the distribution process.

The department issued a statement and...

200 billion is being added to large tax payer companies, from hydropower to beverages, expanding investment in Nepal

Kathmandu. Finance Minister Dr. Swarnim Wagle has asked the multinational big taxpayer companies that have invested in Nepal to bring in more investment. In the discussion held at the Ministry on Monday, Finance Minister Wagle asked 20 large multi...

What is the exchange rate of US Dollar, Euro and Pound?

The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the price determined by the Central Bank, the buying rate of US Dollar today is 152 rupees 31 paise and the selling rate is 152 rupees 91 pais...

Foreign currency exchange rate announced: what is the price of dollar, euro and pound?

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the information released by the Central Bank, today the buying rate of one US dollar is 152 rupees 04 paisa and the selling rate is...