KATHMANDU, March 18: Finance Minister Barshaman Pun has said a thorough analysis will be carried out on the needs and relevance of tax rates in the budget for the upcoming fiscal year.

ILAM, Oct 24: At a time when local units have come under scrutiny for levying hefty taxes, Ilam Municipality in Province 1 has attempted to mend its ways by reducing tax rates on land and businesses. The local body has also effectively eliminated taxes on street lights and water brigades.