Riders of Pathao and Indrive must take mandatory PAN
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 fell for the third day in a row, today 288 thousand per tola
Kathmandu. The price of gold in the Nepalese market has decreased for the third day in a row. According to the Federation of Nepal Gold and Silver Traders, on Tuesday, the price of gold decreased by 1,400 rupees to 288,000 rupees.
Gold was t...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 48 paisa and the selling rate is 143...
The price of gold decreased, how much is the transaction being done?
Kathmandu. On Tuesday, the price of gold decreased in the local market. According to the Nepal Gold and Silver Traders Federation, the price of gold has fallen by 1,600 rupees in today's business. According to the federation, today the price...
MDRT honor and training program of National Life completed
Kathmandu. National Life Insurance Company Ltd. has completed the MDRT honor and training program under the chairmanship of Chief Hospitality and Chief Executive Officer Mrs. Prema Rajya Lakshmi Singh, President of the company at Dushit Thani Hima...
What are the foreign currency exchange rates for today?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...
6.5 billion trade loss in five months
Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...



