Sunday, October 19

Tag: E-Levy

E-Levy, betting, emission taxes scrapped – President assents to bills
Politics

E-Levy, betting, emission taxes scrapped – President assents to bills

President John Dramani Mahama has assented to a set of amended bills of Parliament, effectively abolishing the Electronic Transfer Levy (E-Levy), the betting tax, the Emissions Tax, among other related bills.   The affected laws include the Electronic Transfer Levy (Repeal) Bill, 2025; the Emissions Levy (Repeal) Bill, 2025; the Income Tax (Amendment) Bill, 2025; and the Earmarked Funds Capping and Realignment (Amendment) Bill, 2025. Others are the Petroleum Revenue (Amendment) Bill, 2025; the Public Procurement (Amendment) Bill, 2025, the Value Added Tax (Amendment) Bill, 2025, and the Public Financial Management (Amendment) Bill, 2025. President Mahama also assented to the Gold Board Bill, 2025 that establishes the Ghana Gold Board, a regulatory body tasked with overseeing ...
Government will abolish E-Levy in its first budget- Dr Ato Forson
News, Technology

Government will abolish E-Levy in its first budget- Dr Ato Forson

The Minister of Finance designate, Dr Cassiel Ato Baah Forson, has promised to abolish the e-levy in the first budget of the government. Speaking during his appearance at the Appointments Committee of Parliament on Monday, he said “my position on the e-levy is not new. It has not changed and I still stand by my position to abolish it”. Dr Ato Forson said his position on the e-levy does not mean that he does not appreciate the need for revenue. He added “however, the e-levy is neither a direct, an indirect or excise tax”. Dr Ato Forson said e-levy retards progress towards financial inclusion and a cash-lite economy. “When approved, I will abolish the e-elevy in my first budget”, he said. He said his topmost priorities include working very hard to lower prices, stabilise the...
//otieu.com/4/4670376