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.
Express
Related News
430 million new notes of 1000 will be printed in China
Kathmandu. The central bank has also awarded a contract to a Chinese company to print new 1,000-rate notes. According to Rashtra Bank, China Bank Note Printing and Minting Corporation has been awarded the contract to p...
The price of gold and silver decreased, how much is the transaction going on today?
Kathmandu. The price of gold and silver in the Nepali market has declined on Wednesday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has decreased by 1 thousand 100 rupees per tola. Along with this, on Wednesd...
Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar
Kathmandu. The government has given permission to Salt Trading Corporation and Food Arrangements and Trade Company Limited to import 25,000 tonnes of sugar targeting Dasain-Tihar. The cabinet meeting held on Thursday allowed both the institutes to...
In one day, the price of gold increased by 3 thousand 200 rupees, gold reached 322 thousand 700 per tola!
Kathmandu. The price of gold has increased significantly in the Nepalese market on Monday. According to the Nepal Gold and Silver Traders Federation, the price of gold has increased by Rs 3,200 per tola in one day. Gold traded at Rs 3 lakh 19 thou...
Double-digit decline in NEPSE, turnover of 4.52 billion
Kathmandu. On the first trading day of the week, NEPSE index decreased by 19.92 points and remained at 2595.10. During the day, 12999334 shares of 345 companies were bought and sold, resulting in a turnover of 4.5287 billion shares. Today, while t...
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...