September 4, 2026, Friday
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

NEPSE decreased by 2.25 points, trading at 5.52 billion

Kathmandu. On the first day of the week's trading, the stock market fell by a few points on Monday. According to Nepal Stock Exchange (NEPSE), the NEPSE index decreased by 2.25 points to 2641.58 points.

Out of the 13 sub-groups traded on Mon...

The price of gold increased, now how much per tola?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 1 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 350,000 rupees per tola today.

O...

A modest increase in NEPSE, turnover above 11.49 billion

Kathmandu. On the third trading day of the week, the NEPSE index increased by 5.38 points to 2731.89. During the day, 236 million 18 thousand 186 shares of 334 companies were bought and sold, amounting to 11 billion 49 million 39 million shares. T...

What is the exchange rate of foreign currency on Tuesday?

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 140 rupees 90 paisa and the selling rate is 141...

Salt Trading Corporation to distribute 10 percent dividend

Kathmandu. Salt Trading Corporation is going to distribute 10 percent dividend. The company has announced that it will distribute the dividend to its shareholders from the profit of the last financial year. In which the company is going to distrib...

NEPSE rose by 48.71 points, the turnover also increased

Kathmandu. On Thursday, the last trading day of the week, the Nepal Stock Exchange NEPSE index has closed significantly higher. Continuing the positive trend of the previous day, the market has turned green. On this day, the NEPSE index increased...