Casino Pride Goa Director Calls Govt For Three-Year Tax Break

Casino Pride Goa, one of Goa ‘s largest floating casinos, wants a three-year tax holiday and a six-month waiver on government-approved interest charges to allow the casino sector a chance to survive after the coronavirus pandemic.

All Goa’s casinos, including its six floating casinos on the Mandovi River, have been shuttered since 15 March without any reopening announcements.

Shrinivas Naik, the director of Casino Pride Goa, said in a letter to the Goa government: “In order to reduce overall cost of operation and increase funds for disposal in the hands of the industry, the government should provide tax holidays … for at least three years beginning from FY2020-21. The government should allow the industry to pay minimum sustenance allowance to its employees during lockdown period and post lockdown period of six months.”

Naik also wants stipulations to make any employee who takes a paycheck during the lockdown stay with their employer for at least six months until April 2021, as well as waiver of interest payments on business loans, no energy charge for six months and no internet charge.