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
Double-digit decline in the stock market, turnover also decreased
Kathmandu. There was a double-digit decline in the stock market on Thursday. On this day, the NEPSE index decreased by 19.67 points and stood at 2601.92 points. As the NEPSE index fell, the turnover also decreased compared to Wednesday. On the pre...
The value of the US dollar at a high point!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the fixed exchange rate, the value of the US dollar has reached a high point. According to the determined exchange rate, the buying rate of...
Monthly stipend for the injured of Gen-G movement: Govt started four tier classification
Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...
Determining the limit of internal debt for the next financial year
Kathmandu. The National Natural Resources and Finance Commission has determined the limit of internal debt that can be taken by the union, state and local levels for the next fiscal year 2083, 84. Based on macroeconomic conditions, revenue trends,...
Vehicles are running on Nagadhunga tunnel from today: Nepal is entering the tunnel age
Kathmandu. The dream of the Nepalese people for years to run vehicles in the tunnel has finally been realized. The much-awaited Nagadhunga tunnel, which was built on November 14, 2019, has been formally opened for traffic from Monday.
The sp...
Apollo Hydropower's IPO to the public
Kathmandu. The IPO sales manager Himalayan Capital, which was opened to the general public by Apollo Hydropower Limited from 26th Chait to 2nd Baisakh, has been distributed today. The company had issued a total of 780 thousand 200 IPO shares to th...