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
Vice-Chancellor, Principal and Registrar resigned
Kathmandu. The top officials of Tribhuvan University, the country's oldest and largest educational institution, have collectively resigned from their posts.
Vice-Chancellor Prada Deepak Aryal, Principal Prada Khadg KC and Registrar Prada Ked...
Public debt reached 58 trillion
Kathmandu. The share of public debt in GDP has reached 47.13 percent. As the government took 28 trillion 78 billion rupees in public debt till the end of February of the current financial year, its ratio to GDP has increased. According to the Publ...
Solu Hydropower IPO to issue from today
Kathmandu. Solu Hydropower Limited has issued an initial public issue IPO for the local residents of the project-affected areas and Nepali workers who are employed abroad from today on November 7th. The company was all...
High growth in the stock market before the election, turnover above 6 billion
Kathmandu. Ahead of the election, the stock market is green. On Tuesday, the stock market index increased by 38.52 points to 2712.49 points. This is 1.44 percent more than the previous transaction. Today in the stock market, the share price of 254...
Arrangements are being made for refueling by ship from Bharatpur
Kathmandu. Ships flying to Kathmandu and Pokhara from Bharatpur Airport will be able to refuel here from next week. Nepal Oil Corporation has made preparations to fill fuel here from February 6th. Deputy Director Manoj Kumar Thakur, Spokesperson o...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has announced the foreign currency exchange rate for Tuesday, June 16. According to the exchange rate published by the National Bank, the buying rate of one US dollar has remained at 150 rupees 97 paisa and the selling...