April 19, 2024, Friday
Nepal 1:37:26 pm

KMC issues 7 day ultimatum to Casinos for tax clearance

The Nepal Weekly
September 6, 2022
Deltin launches its first international casino in Kathmandu, Nepal,  Kathmandu - Times of India Travel

Kathmandu Metropolitan City has urged seven casinos to clear their outstanding entertainment tax within a week. Issuing a letter Sunday, the Revenue Department of KMC has directed seven casinos — Deltin Casino of Hotel Marriott, Casino Palace of Hotel Annapurna, Casino Rad of Hotel Radisson, Pride Casino of Hotel Hyatt, Casino Mahjong of Hotel Soaltee, Casino Waldof of Hotel Aloft, and Bally’s Nepal Casino of Malla Hotel to clear their outstanding taxes. According to the revenue department of the metropolis, the seven casinos have not paid entertainment tax prescribed by the Economic Act of Bagmati Province for four years. KMC has warned the seven casinos that if they don’t clear outstanding taxes, along with the interest and penalty prescribed by the Economic Act within a week. As per the rule all casinos have to pay Rs 50 per person entering casinos as tax to the government.