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 on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 141 rupees 73 paisa and the selling rate i...

What is the foreign currency exchange rate on Wednesday?

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 140 rupees 93 paisa and the selling rate is 141 rupees 53 paisa. Similarly,...

Purchase of paddy at support price by cooperative in Bardia, relief to farmers

Bardia. The government had fixed the minimum support price of rice at the time to provide a fair price of rice to the farmers. Although the minimum support price of paddy was fixed, the farmers were not able to get the...

Foreign currency exchange rate determined for today

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 144 rupees 65 paisa and the selling rate is 145 rupees 25 paisa. Similarly,...

New interest rate announced for the month of March, what is the interest rate of which bank?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...

Preparing to operate traffic through the reconstructed BP highway during rainy season

Kavrepalanchok. BP Highway, which has been damaged by repeated floods and landslides, is currently undergoing permanent reconstruction. Divisional Road Office Bhaktapur said that the permanent reconstruction work started at three places of the dam...