The government still has to recover Rs 193.5 million from five casinos.
Finance minister Surendra Pandey at the Parliamentary Accounts Committee (PAC) today informed that the government still has to recover revenue from Casino Anna, Casino Royal, Casino Shangrilla, Casino Nepal and Casino Fulbari.
"The government has been able to recover Rs 77.4 million from the casinos recently," Pandey informed, adding that the government is in the process to recover the remaining sum.
"If the casnos don't pay, the hotels are laible to pay tax as the casino license is issued to the hotels only," he added.
Nepal's casino industry is considered the oldest in South Asia but lately it has been in news for all the wrong reasons like tax evasion and entertaining Nepalis.
When Casino Nepal -- the first casino in Asia -- was started in 1968, it was open only to foreigners but the casinos lately are blamed of entertaining the Nepalis against the law.
The country has currently 10 casinos. Casino Royale (Hotel & Yeti) is run by Raj Bahadur Singh, and Casino Venus (Hotel Malla) and Casino Rad (Hotel Radisson) are run by Valley Links Pvt that also owns a third outside Kathmandu, Pokhara Grande. The Fulbari Casino is in Hotel Fulbari in Pokhara, whereas Nepal Recreation Centre (NRC) runs five casinos -- Casino Nepal, Casino Anna, Casino Everest, Casino Tara and Casino Shangrila.
However, Kathmandu District Administration Office has already instructed to vacate Shangrila Casino from its existing premises at Hotel Shangrila after the hotelier Shyam Bahadur Pandey formally lodged an application at the DAO, requesting Shangrila Casino to remove. Pandey requested the DAO as NRC had not been paying the rent due to the hotel.
"After listening from the finance ministry officials, we has decided to invite Sarat Singh Bhandari, minister for Tourism and Civil Aviation tomorrow for further clarifition on the issue of Casinos as the ministry issues the licences for the casinos," said Som Bahadur Thapa, secretary at the PAC.
Aid simplification, RBS upgradation
KATHMANDU: Finance minister Surendra Bahadur Pandey speaking at the Parliamentary Accounts Committee (PAC) said that the modernisation of Rastriya Beema Sansthan is on the cards. Similarly, the foreign aid policy flowing through NGOs and INGOs will also be strictly monitored.
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