Kathmandu Metropolitan City is bringing ride sharing companies like Tuttle Pathao under the tax net

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Kathmandu Metropolitan City is bringing ride sharing companies like Tuttle Pathao under the tax net

Kathmandu Metropolitan City is going to bring ride sharing companies like Tuttle Pathao under the tax.

Through the Fiscal Bill 2078, the Kathmandu Metropolitan City has proposed to pay Rs 10,000 tax on businesses such as ride sharing and business transportation.

“She is OK. No discussion has taken place, ‘Kathmandu Municipal Corporation spokesperson Ishwar Man Dangol told ICT News. He informed that the proposal will be discussed from July 4.

Kathmandu Metropolitan City has proposed to levy tax on banks and financial institutions when they keep ATMs. It is mentioned in the proposal of the act that 5,000 tax will be levied on the placement of ATMs outside the central office and branch office of the financial institution.

The Kathmandu Metropolitan City has proposed to give full tax exemption on electric vehicles and electric vehicle sales showrooms and charging centers will not have to pay tax. The proposal also states that electric vehicles will get free parking facility.

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Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is the owner of RabinsXP who is constantly working for increasing the Internet of Things (IoT) in Nepal. He also builds android apps and crafts beautiful websites. He is also working with various social services. The main aim of Lamichhane is to digitally empower the citizens of Nepal and make the world spiritually sound better both in terms of technology and personal development. Rabins is also the first initiator of Digital Nepal.

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