Header Ads Widget

Akufo-Addo signs E-levy Bill into law


     The president of the Republic of Ghana. Nana Addo Dankua Akuffo  Addo has consented to the Electronic Transaction Levy (e-levey) bill into regulation on Thursday, March 31, TV3's Presidential Correspondent Nana Adua has detailed.

The arrangement was endorsed by an uneven Parliament on Tuesday, March 29 after the minority organized a walkout.

Finance Minister Ken Ofori-Atta uncovered on Wednesday, March 30 that allowances will begin in May this year.

He said that is the affirmation he has been given by the Controller and Accountant General (CAGD) and the Ghana Revenue Authority (GRA), who will be the income gatherers.

"We had a few gatherings with Controller and Accountant Generals Department (CAGD) and the Ghana Revenue Authority (GRA) and they have expressed right toward the start of May they ought to have the option to assemble their framework," he told TV3's Roland Walker in Parliament after President Nana Addo Dankwa Akufo-Addo conveyed the State of the Nation Address.

During the discussion on the approach in Parliament on Tuesday, Information Minister Kojo Oppong Nkrumah said poor people had been absolved from paying due to the under 100 cedis edge.

He additionally denied claims that that the E-duty will kill the Mobile Money (MoMo) industry. He noticed that this equivalent contention was made when the Communication Service Tax (CST) was acquainted with the impact that killing the telecom industry was going.

The Ofoase Ayirebi administrator expressed in opposition to the feelings of dread, the telecom business has become even with the expense.

He said "Mr Speaker, there is a case that has been made that it will kill the MoMo business so don't burden MoMo.

"This equivalent case was made when the Communications Service Tax was being presented, it has never killed the business. The business has developed, as a matter of fact.

"Mr Speaker, at last, poor people have been removed from it with the edge carried out so the individuals who move under 100 cedis daily won't pay this duty."

Post a Comment