KATHMANDU, May 3 -- Following the discovery that RB Complex (Ranamukteshwar Business Complex) and People's Plaza at New Road have not fulfilled their tax obligations to the Kathmandu Metropolitan City (KMC), the KMC has issued an ultimatum. The operators of both infrastructures, located in Ward-22, have been instructed to provide tax-related details within 7 days and settle their outstanding taxes within 35 days.

RB Complex has failed to pay property tax and rental tax, while People's Plaza has neglected taxes for three consecutive fiscal years, including the rental tax.

The discrepancy came to light during an inspection by the revenue site supervision and monitoring team led by Chief Administrative Officer Pradeep Pariyar of KMC on Thu...