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
Improvement in both import and export in the three months of the current year, trade deficit increased by 12.2 percent
Kathmandu. Imports and exports have increased in the first three months of the current financial year. According to the data published by Nepal Rastra Bank, compared to the same period of the last financial year, expor...
Snow Rivers will issue an IPO to the general public from May 29
Kathmandu. Snow Rivers Limited is going to issue an IPO for the general public from this 29th of Baisakh. The company has distributed the IPO to the Nepalis who are employed abroad and the project affected, and now it is going to be released to th...
Fourth extension of Pokhara-Muglin road project
Kaski. Pokhara-Muglin road upgrading project has been extended for the fourth time. After the deadline extended for the third time has passed, the project has been given the final deadline till the 10th of November.
According to Krishna Baha...
The implementation of the agreement to give 60,000 milk per day from small farmers to DDC has started
Kathmandu. Nepal Agricultural Cooperative Central Association, Small Farmers Development Lagufinance Financial Institution Ltd. And the tripartite agreement between the Milk Development Institute to buy and sell more than 60,000 milk per day has b...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. The...
Gold price increased on Friday, how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 296,900 rupees per tola today. Today, the price of...