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
Huge price hike in petroleum products
Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has informed that the prices of diesel, kerosene and jet fuel have been increased internally with effect from today. According to the new price list, d...
The fuel facility of certain officials and government employees has been reduced
Kathmandu. In order to control public expenditure and manage the fuel crisis, the government has decided to significantly reduce the fuel facilities provided to government employees and special officials. According to the Ministry of Finance, due...
Preparation for regular flights from Kathmandu to Dhaka
Kathmandu. Nepal Air Service Corporation has prepared to fly directly from Kathmandu to Dhaka, the capital of Bangladesh in the near future. The Corporation has started the necessary preparations and has formed a Feasibility Study Sub-Committee fo...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 37 paisa and the selling rate is 144 rup...
NEPSE index decreased by 25.81 points, how much is the transaction amount?
Kathmandu. On Wednesday, the stock market gauge NEPSE index fell. Today, NEPSE index decreased by 25.81 points and reached 2744.45 points. A total of 1 crore 21 lakh 34 thousand 360 shares of 351 companies were bought and sold in NEPSE, and over R...
30.02 points decline in NEPSE, turnover of 4.9 billion
Kathmandu. On the first trading day of the week, the stock market NEPSE index fell by 30.02 points to 2566.09. On NEPSE, 10.6 million 19 thousand 180 shares of 323 companies were bought and sold, and over 4.9 billion shares were traded. Today, whi...