September 7, 2026, Monday
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

Heavy fall in the price of gold and silver, how much per tola on Thursday?

Kathmandu. Even today, the price of gold is falling in the Nepali market. The gold tola has dropped by five thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 278,300 rupees per tola 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...

Across the country, 55 percent of farming families are food insecure

Kathmandu. It has been found that the number of farmer families in Nepal is about 41 lakh 30 thousand and the number of farmer families who do not have enough to eat throughout the year is about 55 percent. Although th...

Solu Hydropower's IPO will be distributed next week

Kathmandu. The IPO of Solu Hydropower Limited will be distributed only next week. Nabil Investment Banking Limited and Himalayan Capital Limited as sales managers have informed that they are working to distribute the IPO only.

In the company...

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

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the buying rate of one US dollar is 142 rupees 54 paisa and the selling rate is 143 rupees 14 paisa. The b...

Concrete steps have been taken to control wasteful expenditure and financial governance: Prime Minister

Kathmandu. Prime Minister Sushila Karki has said that during the 100-day period of the government, concrete steps have been taken to control wasteful expenditure and financial governance. The Prime Minister said this while addressing on the occasi...