Govt. imposes 6% tax on ride-sharing industry, gig economy gets pricier!

The government has imposed a 6% tax on ride-sharing services. In his budget speech for FY 2083/84, Finance Minister Dr. Swarnim Wagle announced a 5% VAT and 1% advance income tax on the gig economy, which will make the service a bit pricier from Shrawan 01 onwards. The ruling also states that motorbikes and scooters […]