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.
Related News
The price of gold increased by 5200 rupees per tola and set a new record. How much is the transaction per tola?
Kathmandu. Daily gold prices are making new records. Gold has increased by Rs 5,200 per tola in a single day, reaching its highest price so far. According to the Nepal Gold and Silver Traders Federation, gold has reached 3 lakh 9 thousand rupees p...
Authority reviewing electricity tariffs: Preparation to reduce tariffs and increase domestic consumption
Kathmandu. Nepal Electricity Authority has started the review process with the aim of making the electricity tariff structure timely. With the goal of maximum utilization of electricity, expansion of internal consumption and development of consume...
NMB Bank launches 'EV Auto Loan' at 0.5% for new electric vehicles
Kathmandu. NMB Bank Limited has introduced loan facilities for new electric vehicles at a special interest rate starting from 0.5%, targeting the Naima Auto Expo. With the objective of promoting environment friendly transportation and sustai...
NEPSE down 7.01 points, trading at 6.4 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 7.01 points and remained at the point of 2633.53. During the day, 1 crore 21 lakh 63 thousand 78 shares of 332 companies were bought and sold, and 6 billion 40 crore 23...
Emphasis on Nepal-China economic cooperation
Kathmandu. Finance Minister Rameshwar Khanal emphasized on Nepal-China economic cooperation and investment growth. In a workshop on Nepal-China economic cooperation and investment held here on Tuesday, Minister Khanal...
Preparation of price adjustment to prevent shortage of essential medicines, demand for automated system
Kathmandu. The government has started the price adjustment process to solve the frequent shortage of essential medicines. Due to the lack of price review for a long time, the supply of some life-saving medicines in the market is being affected due...