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

What is the foreign currency exchange rate for Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is 142...

4.28 points decline in NEPSE, turnover of 4 billion 71 crores

Kathmandu. On the second trading day of the week, the NEPSE index decreased by 4.28 points to 2645.24. During the day, 18,60,828 shares of 325 companies were bought and sold, and over 4.71 billion shares were traded. T...

The price of gold and silver in the Nepalese market fell sharply, gold decreased by 8,200 tolas

Kathmandu. In the Nepalese gold and silver market, the price of both gold and silver has fallen significantly on Sunday. According to the information released by the Nepal Gold and Silver Traders Federation, on the first trading day of the week, t...

NEPSE decreased by 28.92 points throughout the week, how much is the transaction on which day?

Kathmandu. This week, NEPSE index decreased by 28.92 points and reached 2642.15 points. The NEPSE, which closed at 2671.07 points last week, decreased by 28.92 points to 2642.15 points this week. The market was open for two trading days this week....

Due to unseasonal rains, paddy production will decrease by 3 lakh metric tons

Kathmandu. Due to the damage caused to the agricultural sector due to the rains this year, it is predicted that the production of rice will decrease by five percent. According to the analysis done by the Ministry of Agriculture and Livestock Devel...

Extension of Pokhara-Muglin road affected due to non-removal of electricity poles

Kathmandu. The construction of the Pokhara section under the Pokhara-Muglin road project has been affected due to the non-removal of the poles of the 11 kV dedicated power line taken to the Pokhara International Airport. Due to the non-removal of...