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.
Related News
Rashtra Bank's request to provide banking services even during Tihar holidays
Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...
The price of one tola of gold is three lakh eighteen thousand eight hundred
Kathmandu. Even today, the price of gold and silver has set a record in the local market. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of printed gold is 318 thousand 800 and the value of silver is 7 th...
Ultimatum to Defaulters of Troubled Cooperatives to Immediately Repay Loans
Kathmandu. The Office of the Committee for the Management of Troubled Cooperatives has issued a strong warning to borrowers who have taken loans from various cooperative institutions and have long failed to repay them, directing them to settle the...
The price of gold and silver increased, how much did it reach per tola?
Kathmandu. On Wednesday, the price of gold and silver increased in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers, today the price of gold has increased by 800 rupees per tola. Along wi...
On Wednesday, the NEPSE fell by 30.09 points, with debentures the most traded
Kathmandu. On Wednesday, the third day of trading of the week, the stock market gauge NEPSE index decreased. On Wednesday, NEPSE index decreased by 30.09 points to 2621.59 points. A total of 84 lakh 63 thousand 15 shares of 362 companies were boug...
What is the exchange rate of which foreign currency on Friday?
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 145 rupees 16 paisa and the selling rate is 145 rupees 76 paisa.
Simi...