July 17, 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

The price of gold and silver continues to rise, at what price will the transaction be done?

Kathmandu. The price of gold and silver in the local market has increased continuously. The prices of yellow metal and silver, which were bought and sold at more than Rs 277,000 per tola for the past three days, have increased today. According to...

The price of gold and silver decreased, how much per tola?

Kathmandu. The price of gold and silver decreased in the Nepali market on Sunday. Today, the price of gold has decreased by Rs 6,900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of...

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

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 US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...

Construction of Kohalpur-Surkhet 132 KV transmission line has been completed

Kathmandu. Nepal Electricity Authority has completed the construction of Kohalpur-Surkhet 132 KV transmission line. The construction of the Kohalpur-Surkhet section has been completed under the Kohalpur-Surkhet-Dailekh 132 KV transmission line pro...

Real estate transactions in Bagmati state are falling, revenue collection is down by 23.6 percent

Kathmandu. A study report has shown that revenue has been affected due to continuous decline in real estate transactions in Bagmati province.  According to the economic activity study report published by Nepal Rastra Bank, it has been seen th...

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 fixed exchange rate, the buying rate of one US dollar is 146 rupees 13 paisa and the selling rate is 146 rupees 73 paisa.

Sim...