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
Exchange rate: The price of dollar, euro and pound has increased, which currency is being bought and sold in how much?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the fixed exchange rate, the buying rate of one US dollar is 151 rupees 56 paisa and the selling rate is 152 rupees 16 paisa.
Similarl...
What is the exchange rate of which foreign currency on Tuesday?
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 American dollar is 145 rupees 16 paisa and the selling rate is 145 rupees 76 paisa. The...
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...
In the month of October, the interest rate of commercial banks decreased, which one gives how much?
Kathmandu. According to the interest rate published by the commercial banks for the month of October, it has been seen that the maximum average interest rate of deposits has decreased. In the month of October, the maximum average interest rate for...
The price of gold and silver decreased, how much is the transaction going on today?
Kathmandu. The prices of gold and silver, which are constantly increasing, decreased on Thursday. Today, the price of gold has decreased by Rs 1,500 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of printed gold...
Solu Hydropower's IPO Local allotment
Kathmandu. Solu Hydropower Limited has distributed 10 million IPO shares issued for project-affected locals today. The allotment of 1 million shares of the company's foreign employment has already been completed.
After the completion of the...