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
National Life Insurance's entertaining Narayani Cruise Safari Program completed
Kathmandu. National Life Insurance Company Ltd. In order to promote domestic tourism, the Narayani Cruise Safari program of 2 nights and 3 days has been completed for its agents at Hotel Seven Star located in Sourah, Chitwan.
With the slogan...
The price of gold and silver decreased, how much is the transaction per tola?
Kathmandu. Today, the price of gold and silver in the local market has fallen somewhat. Compared to Thursday, the price of both has decreased. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is Rs...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 148 rupees 52 paisa and the selling rate at 149 rupees 12 paise. Similarly, the bu...
Heavy fall in the price of gold and silver, how much per tola on Thursday?
Kathmandu. Even today, the price of gold is falling in the Nepali market. The gold tola has dropped by five thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 278,300 rupees per tola to...
Vijay Laguvitta's FPO will be distributed on Friday
Kathmandu. Preparations have been made to distribute this week to the FPO of Vijay Microfinance Financial Institution. Sales manager NMB Capital is preparing to distribute the FPO on Friday. By the last day, 22 lakh 99 thousand 252 people had appl...
Normal point increase in NEPSE, turnover fell to 3.42 billion
Kathmandu. On the third trading day of the week, the NEPSE index increased by 3.27 points to 2584.49. During the day, 7668 thousand 915 shares of 328 companies were bought and sold. Today, while the share price of 134 companies increased, the shar...