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
Decline in paddy production in Bhojpur: Farmers suffer due to erratic weather
Bhojpur. Due to irregular weather this year, paddy production has declined in Bhojpur district. According to Krishi Gyan Kendra, the production has decreased due to the lack of sufficient rain on time and the unseasonal rain after planting has dam...
Notification of Kathmandu Metropolis to vacate the restored houses and rooms within 7 days
Kathmandu. Kathmandu Metropolitan City has asked the concerned parties to contact the concerned parties within 7 days to vacate the houses and rooms taken over by the cooperatives. The notification was published according to the decision made by t...
NEPSE fell by 27.59 points, trading fell to 6.69 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 27.59 points and remained at the point of 2614.55. During the day, 1 crore 59 lakh 89 thousand 430 shares of 324 companies were bought and sold, and 6 billion 69 crore 9...
What is the exchange rate of foreign currency on Tuesday?
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 52 paisa and the selling rate is 142...
Today, the price of gold increased by 5 thousand 200 rupees, how much for silver?
Kathmandu. The price of gold and silver has increased in the Nepali market on Tuesday. Today, the price of gold has increased by 5 thousand 200 rupees per tola. According to the Federation of Nepal Gold and Silver Deal...
Most of the commercial banks have reduced the interest rate for the month of February, how much?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...