September 2, 2026, Wednesday
English

Riders of Pathao and Indrive must take mandatory PAN

Main News Image

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.

mediabaaji add

Related News

The value of the US dollar is at an all-time high

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar increased further and reached its highest point so far. Acco...

Public transport fares have increased again

Kathmandu. The Transport Management Department has increased the fare rates of public transport running across the country. The department has decided to increase the fares of both passenger and freight vehicles with effect from 16th Baisakh 2080....

The government has recovered Rs 7,514 crore, more than Rs 5 billion has been deposited in the relief fund.

The Kathmandu. Prime Minister Balen Shah has unveiled the integrated progress report of the government's rescue, relief and rehabilitation work following the devastating flood in the Bhotekoshi River in Rasuwa. In a statement issued in the wake of...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...

Corporation's request to avoid unnecessary storage of gas

Kathmandu. Nepal Oil Corporation has requested everyone to purchase LP gas only as needed and not to store it unnecessarily. The corporation has requested the gas industry and sellers of LP gas to arrange the sale and distribution of LP gas by giv...

National Life's 'Branch Managers' Conference' held grandly, best branch and chief honored

Kathmandu. National Life Insurance Company Limited honored the branch managers who performed best in the financial year 2082/083 and grandly completed the 'Branch Managers Conference' with discussions and training on business strategies, business...