Audio By Carbonatix
President Akufo-Addo has signed into law the three new tax bills recently passed by Parliament.
Information Minister. Kojo Oppong Nkrumah made this revelation on JoyNews’ The Probe.
According to him, the document has since been given to the Clerk of Parliament for the rest of the administrative processes to kick in.
The three new taxes are the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, and the Income Tax Amendment Bill 2022.
The Majority in Parliament said the measure formed part of moves to raise GH¢4 billion annually in revenue.
Government also says the bills are essential to its quest to secure the US$3 million bailout it is seeking from the International Monetary Fund (IMF).
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Teacher unions strike: Gov’t presents fresh proposals as talks end inconclusively
17 minutes -
51,000 teachers’ promotion arrears to be validated for October payment – Education Minister
47 minutes -
Kwabena Boamah appointed Board Chair for Impact Investing Ghana
54 minutes -
Striking teacher unions to meet Fair Wages and Salaries Commission on October 6
1 hour -
EOCO working with AG to arraign Nana Baffour Awuah before weekend court
1 hour -
Duraplast reassures customers after fire, announces October 5 reopening
1 hour -
Call off strike, gov’t will not renege on promotion arrears pledge – Haruna Iddrisu appeals to teacher unions
1 hour -
Committee set up to validate teachers eligible for 20% deprived-area allowance – Education Minister
1 hour -
Five-member committee to search for new Black Stars coach after Sports Ministry-GFA meeting
2 hours -
Pinktober: Breast cancer survival exceeds 90% when detected early – Breast Society of Ghana
2 hours -
TCDA to adopt Upper West’s MATCO mango farm as northern prototype, issues warning against felling shea trees
2 hours -
‘Fear delegates’ tag: Afoko touts genuineness among delegates ahead of NPP delegates conference
2 hours -
John Boadu: The leader our party needs at this time – Amb. Edward Akwasi Boateng
2 hours -
Baffour Awuah: EOCO arrested, detained MP after hours of waiting, questioning – Afenyo-Markin
3 hours -
EOCO court warrant authorised search of Baffour Awuah’s law firm, not residence – Afenyo-Markin
3 hours