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
The price of gold decreased, how much will be bought and sold per tola on Wednesday?
Kathmandu. Even today, the price of gold has decreased in the Nepalese market. Gold tola has fallen by Rs 900. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at Rs 2 lakh 87 thousand 100 per tola today. On...
Courage Energy and NRN Infrastructure have applied to the Securities and Exchange Board to issue 100 percent rights.
Kathmandu. Two companies have sought permission from the Nepal Securities Board to issue rights. Courage Urja Limited and NRN Infrastructure Development Limited have applied to the board demanding issuance of rightful shares at 100 percent rate.&n...
What is the price per share in the women's microfinance share auction?
Kathmandu. Mahila Laguvitta Financial Sanstha Limited has placed 84 thousand 537 shares of founder shares for auction sale. The company has auctioned 74 thousand 246 shares in the name of founder shareholder Niru Kuthumi Rai and 10 thousand 291 sh...
Dissatisfaction of Reliance Spinning Mills over first transaction price in NEPSE
Kathmandu. Reliance Spinning Mills Limited has expressed displeasure with the opening range of the company's shares set by the Nepal Stock Exchange NEPSE. Issuing a statement, he expressed his displeasure that the opening range of Company Play sha...
Import of petroleum products worth four billion 48 crores from Kankarbhitt
Bhadrapur. In the first quarter of the current fiscal year 2082 and 083, petroleum products worth four billion 48444568 thousand have been imported from Kankarvitta through the eastern border. Petrol, diesel, LP gas, ATF, kerosene have been import...
Heavy fall in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, the price of gold has decreased by 12,500 rupees per tola to 282,000 rupees....