Tuesday, February 7, 2023
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home Business

E-Levy will be passed by end of March-Finance Minister

March 24, 2022

The Minister for Finance, Ken Ofori-Atta stated emphatically that all things being equal, Parliament will pass the E-Levy by the end of March 2022.

Addressing the public on the decisions taken by the government towards reviving the economy he said the levy which has been opposed by the Minority will be passed.

RelatedPosts

Polio Vaccine Shortage Hits Greater Accra Region

Claims by GRA that we’re evading taxes and Rambo-style arrests of managers are regrettable – Maxmart

We expect you to provide leadership for a resounding victory in 2024 – NDC Council of Elders to new Minority leaders

He was responding to questions by journalists after he had presented the decisions by the government in reviving the economy.

He accused the Minority of scaring investors away because they opposed the levy.

The Minister said the government did not anticipate the decision of the minority and so their decision not to support the levy threw its plans off-balance.

“[We didn’t expect] that parliament would approve government’s 2022 budget statement, appropriation, and its expenditure plans and then turn around to vote against one of the key revenue generation measures that were being introduced, the E-levy. The unyielding stance of the minority in parliament against the levy gravely affected investor confidence in our capacity to implement our programs and settle our debts, triggering the downgrading by credit agencies and now leaving the cedi vulnerable as we cannot access the international capital market,” he said.

The E-levy is a new tax measure introduced by the government in the 2022 Budget on basic transactions related to digital payments and electronic platform transactions.

A charge of 1.75% will apply to electronic transactions that are more than GH¢100 on a daily basis.

The approval of the e-levy by Parliament has been fraught with many challenges with the minority kicking against it.

They have maintained that the levy will burden Ghanaians.

By: Rainbowradioonline.com/Ghana

ShareTweetShareShare

Related Posts

ppq

Polio Vaccine Shortage Hits Greater Accra Region

February 7, 2023
FB_IMG_1675749417340

Claims by GRA that we’re evading taxes and Rambo-style arrests of managers are regrettable – Maxmart

February 7, 2023
ndc logo

We expect you to provide leadership for a resounding victory in 2024 – NDC Council of Elders to new Minority leaders

February 7, 2023
murder

Kumasi: 21-year-old man allegedly kills 60-year-old woman

February 6, 2023
Muntaka

Let’s move forward and work towards victory 2024 – Muntaka says after speaking with Mahama

February 6, 2023
Electoral_Commission_of_Ghana_logo

EC unable to pay electricity bills, outstanding bills for logistics, administrative releases delayed -Senior Staff

February 6, 2023

Recent News

Atsu-rescued-1140x570

Turkey Earthquake: Christian Atsu pulled alive from rubble

February 7, 2023
LEQ

Turkey earthquake: Heavy rain hampers rescue efforts

February 7, 2023
ken-ofori-atta-speech-1140x570

Unexpected turnout in DDEP could worsen our economic situation – Ofori-Atta

February 7, 2023
ppq

Polio Vaccine Shortage Hits Greater Accra Region

February 7, 2023
  • Trending
  • Comments
  • Latest
qz

The appreciation of the cedi against the dollar will be short-lived so don’t over jubilate – Haruna to gov’t

December 17, 2022
z455

Bui Power Authority calls for partnership to do more on climate change program at COP27

November 22, 2022

Rainbow Radio expands its platform presence on 92.4Fm in UK

September 5, 2022
zz

Family of Asuma Banda calls on Prez, Mahama, Chief Imam to intervene so their brother is sent to Kintampo

December 7, 2022

Hello world!

Atsu-rescued-1140x570

Turkey Earthquake: Christian Atsu pulled alive from rubble

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

Atsu-rescued-1140x570

Turkey Earthquake: Christian Atsu pulled alive from rubble

February 7, 2023
LEQ

Turkey earthquake: Heavy rain hampers rescue efforts

February 7, 2023
ken-ofori-atta-speech-1140x570

Unexpected turnout in DDEP could worsen our economic situation – Ofori-Atta

February 7, 2023
ppq

Polio Vaccine Shortage Hits Greater Accra Region

February 7, 2023

Stay Connected test

  • 121 Followers
  • 20.2k Followers
  • 185k Subscribers
  • 23.7k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version