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
An increase of 5.32 points in NEPSE, the turnover fell to 5.82 billion
Kathmandu. On the third trading day of the week, NEPSE index increased by 5.32 points to 2655.99. During the day, 1976,780 shares of 319 companies were bought and sold, and over 5.82 billion shares were traded. Today,...
What is the exchange rate of which foreign currency for today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 88 paisa and the selling rate is 152 rupees 48 paisa. Similarly,...
High increase in the price of gold, how much per tola on Sunday?
Kathmandu. There is a high increase in the price of gold in the Nepalese market today. Gold rose by 5,600 rupees in a single day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 300,000 rupees per tola today.
...
NEPSE increased by 12.78 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, the NEPSE index increased by 12.78 points and reached 2654.93 points. NEPSE, which closed at 2642.15 points last week, increased by 12.78 points to 22654.93 points this week. The market was open on all five trading days this...
NMB Bank launched 'Softpos' service, card payments can be taken from smartphones
Kathmandu. NMB Bank has launched Softpos service for the first time in Nepal. According to the bank, any supported Android mobile phone can be used as a POS machine. Through this service, small and medium enterprises a...
Reduced airfare
Kathmandu. With the decrease in the price of air fuel, the Civil Aviation Authority of Nepal has reduced the minimum fare for domestic air passengers. After Nepal Oil Corporation reduced the price of aviation fuel by 6 rupees per liter from Januar...