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 the American dollar is the highest so far, how much is one dollar Nepalese rupee?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Saturday today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. The buying r...

An increase of 5.32 points in NEPSE, the turnover fell to 5.82 billion

Kathmandu. On the third trading day of the week, NEPSE index increased by 5.32 points to 2655.99. During the day, 1976,780 shares of 319 companies were bought and sold, and over 5.82 billion shares were traded. Today,...

The stock market fell again, trading volume limited to 6 billion

Kathmandu. The stock market increased by 83 points the previous day and today the stock market decreased by 2.61 points. Today, the stock market index reached 2757.40 points. Today in the stock market, the share price of 175 companies decreased wh...

Saturday's exchange rate, the value of the dollar and the currencies of the Gulf countries

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Saturday. According to the Central Bank, today the buying rate of one US dollar has remained at 150 rupees 74 paisa and the selling rate has remained...

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...

High increase in the price of gold, how much per tola on Sunday?

Kathmandu. There is a high increase in the price of gold in the Nepalese market today. Gold rose by 5,600 rupees in a single day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 300,000 rupees per tola today.

...