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
An increase of 8.97 points in NEPSE, turnover above 11.1 billion
Kathmandu. On the fifth trading day of the week, the NEPSE index increased by 8.97 points to 2671.07. During the day, 277780584 shares of 337 companies were bought and sold, totaling 11.10 billion 25 million shares. Today, while the share price of...
Foreign Currency Exchange Rate: US Dollar crossed Rs.152
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currencies for Monday. According to the new rate fixed by the Central Bank, the price of US dollar has increased and the buying rate of one US dollar has reached 152 rupees 23...
Today, NEPSE increased by a normal number, the turnover fell to 3 billion 22 million
Kathmandu. On the fourth trading day of the week, NEPSE index increased by 1.37 points to 2585.87. During the day, 72 lakh 24 thousand 917 shares of 334 companies were bought and sold, and 3 billion 224 million shares were traded. Today, while the...
The government does not listen to the warning of IT professionals that the digital economy will be lost
Kathmandu. Professionals in the information technology and software services sector have requested the government to give high priority to the IT industry through the budget of the next financial year 2083 and 84.
The pre-budget recommendati...
Kalanga Hydro's IPO collects 2 billion rupees, how many applied?
Kathmandu. 2 billion 25 lakh 29 thousand rupees have been collected in the IPO of Kalanga Hydro Limited. According to CDS, 17 lakh 79 thousand 593 people have applied for 2 crore 25 thousand 290 shares till 5 pm today on 10th May. The company has...
North City Multipurpose to Issue IPO
Kathmandu: North City Multipurpose Limited has called its first annual general meeting on Monday, Jestha 11, at 3:00 p.m. at the company’s office in Tokha-10, Kathmandu, to pass a proposal to issue an IPO. The meeting will authorize the board of d...