Connect with us
SIS

Asia

Court challenges Indian tax department on casino license fees

Niji Narayan

Published

on

Court challenges Indian tax department on casino license fees
Reading Time: 1 minute

 

The High Court of the Indian city of Mumbai has asked the tax department of Goa to submit an explanation on why it charges a service tax on casino licence fees. Goa is one of the few Indian states where gambling is legal. The Goan indirect tax department had issued notices to casinos earlier ordering them to pay a state license fees.

The casino owners challenged the decision on the court, arguing that the fees had no legal ground. Abhishek A Rastogi, partner, Khaitan & Co, filed a petition with the Goa bench of the high court in which he argued that licence fees are a statutory levy.

“Demanding tax on statutory license fees is absurd. It’s like demanding a tax on passport fees paid to the government. Based on a circular, the DRI has initiated an investigation for applicability of service tax,” said Rastogi, who explained that as they’re not rendered by the state government, they’re not required.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Continue Reading
Advertisement
Comments

Asia

IAG Joins with Alphaslot for FTAF in G2E Asia 2019

Niji Narayan

Published

on

IAG Joins with Alphaslot for FTAF in G2E Asia 2019
Reading Time: 1 minute

 

Inside Asian Gaming, Asia’s leading gaming industry media brand, has announced its involvement in the Financial Technology Asia Forum at G2E Asia 2019, in partnership with forum curator Alphaslot.

The Financial Technology Asia Forum will bring together international industry leaders to share their insights on the challenges and opportunities for FinTech in the gaming entertainment industry. The forum will also examine blockchain technology from the casino operator and supplier’s perspective, including academic implementation, potential use case studies and implications for responsible gaming.

The morning session will be chaired by IAG CEO Andrew W Scott, and the afternoon session will be chaired by VP of International Business for iClick Interactive Asia Kelly Leung.

Continue Reading

Asia

Gujarat Government to Ban Online Gambling

Niji Narayan

Published

on

Gujarat Government to Ban Online Gambling
Reading Time: 1 minute

 

Gujarat government is going to change its current gambling laws. The changes would include a total ban on online gambling. The city has already imposed a ban on a number of online video games, which was thought to increase aggression in children.

A K Singh, Ahmedabad city police chief, has asked the Gujarat game department to consider changes to gambling laws. He believes that the existing gambling laws only consider physical gambling and betting.

“Recently, the CID crime branch and home department officials had held a meeting to bring changes to gambling laws. It is tough, as gambling in some parts of the world is legal, while in India it is illegal,” Singh said.

Continue Reading

Asia

Sasebo Chamber of Commerce to Host Business-Connect Seminar in Conjunction with Nagasaki Prefecture

George Miller

Published

on

Sasebo Chamber of Commerce to Host Business-Connect Seminar in Conjunction with Nagasaki Prefecture
Reading Time: 2 minutes

 

The Sasebo Chamber of Commerce announced that they will hold a seminar titled “Business-Connect” at Arkas Sasebo on Thursday, June 27 2019. The event will be held by the Chamber of Commerce and will be officially sanctioned by Nagasaki Prefecture. The event will be open to members of the Chamber of Commerce as well as the local private sector from Sasebo, Nagasaki and from the greater Kyushu Region as a whole.

The Business-Connect seminar will focus on connecting both Sasebo and Kyushu’s private sector leaders with integrated resort operators and developers who are focused on the region. This will include presence by those operators seeking to develop a resort in Nagasaki, as well as those who see the Kyushu region as a potential opportunity for future investment and development. Attendees will have the opportunity to learn how IR operators manage procurement processes, the scale of the property development and hear from several prominent academic and government figures. The event will also include several operators, primarily those who have shown an interest in the working with Nagasaki on the development of an integrated resort within the region.

In addition to integrated resort development, Nagasaki as well as the Greater Kyushu Region have seen increased interest from a variety of developers seeking long term investment opportunities. The Business-Connect seminar aims to allow the private sector to meet and connect directly with those seeking to invest within the region through both an education seminar and a private networking event.

Mr. Kousei Tsuji of the Nagasaki Marine IR Promotion Council, Sasebo Chamber of Commerce stated: “We are pleased to launch the Business-Connect seminar as the great opportunity to increase the awareness of the scale of IR development, and support for the integrated resort industry within the local private sector of Sasebo. It is important that local business leaders understand the full potential the industry brings to the region and are presented with opportunities to connect with international operators who may invest into our city.”

The event will be held in conjunction with HOGO, a marketing firm based in both Macau and Japan who will assist in the promotion, management and branding of the event as a whole.

 

About HOGO:

HOGO is a marketing strategy and corporate communications company that focuses on the tourism, hospitality, gaming and entertainment industries. Based in Macau, the agency has offices in Hong Kong, Vietnam, Thailand, Cambodia and Japan. Focused on creative marketing and strategic vision, HOGO works with clients to further develop and build their brands throughout Asia Pacific. | Website: www.hogodigital.com

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.