Parliament will today, Monday, December 20, 2021, consider the proposed 1.75% Electronic Transfer Levy also known as E-Levy.
The House is divided over the levy with the Minority calling for the levy to be scr5apped because it was further burden Ghanaians.
The levy is currently before the Finance Committee of the house. for consideration.
The bill was laid on Friday, December 17, 2021, and was subsequently referred to the Finance Committee of Parliament.
The 1.75% tax on electronic financial transactions was proposed in the 2022 budget presented to Parliament by the Finance Minister, Ken Ofori-Atta, on Wednesday, November 17, 2021.
He explained that the levy was introduced to help the government raise revenue to support job creation initiatives, construction of road infrastructure, cybersecurity, and digital infrastructure.
By: Rainbowradioonline.com/Ghana