
Audio By Carbonatix
Government will today hold its major town hall meeting on the Electronic Transaction levy (E-Levy) pending approval.
The meeting, organised by the Ministry of Information, is aimed at educating members of the general public on the need to accept the implementation of the E-levy bill meant to widen government's tax net.
Minister for Finance, Ken Ofori-Atta, Minister for Communication and Digitalisation, Ursula Owusu-Ekuful, Minister for Information, Kojo Oppong Nkrumah and Deputy Majority Leader, Alexander Afenyo-Markin are expected to speak at the exercise as well as take feedback and inputs from relevant stakeholders.
President Akufo-Addo took to Twitter to share a reminder of the event as well as seek support from the masses.
"E-levy for development. Ghana needs the E-levy," he communicated.
Happening Today: Government Town Hall Meeting on E-Levy. #ELevyForDevelopment #GhanaNeedsTheELevy pic.twitter.com/ssgd5kezf6
— Nana Akufo-Addo (@NAkufoAddo) January 27, 2022
Prior to Thursday’s meeting, Ghana’s Presidency in a tweet mentioned a number of projects it will undertake with the revenue that would be raised from the electronic transaction levy.
"The E-levy will ensure that we have revenue to sustainably invest in entrepreneurship, youth employment, security, digital & road infrastructure.”
Government added that records show taxes collected so far have been used for some of its flagship initiatives that have positively impacted the lives of Ghanaians.
The E-levy is a new tax measure introduced by government in the 2022 Budget on basic transactions related to digital payments and electronic platform transactions.
This means a charge of 1.75% will apply to electronic transactions that are more than ¢100.00 on a daily basis (24 hours).
Latest Stories
-
Keep the money in Ghana – Gov’t enforces local cargo insurance
1 hour -
US Army veteran charged with leaking classified information to journalist
2 hours -
Dr. Dre joins Forbes billionaires list as second-richest hip-hop artist with $1 billion fortune
2 hours -
Trump administration cannot nix legal status of 5,000 Ethiopians, US judge rules
2 hours -
Libya announces new oil and gas discoveries with three major energy companies
2 hours -
Oil rises as investors remain wary US-Iran ceasefire will open supply flow
2 hours -
Police arrest suspect over church threat video
4 hours -
Eight appear in court as police intensify crackdown on illicit drugs in Tamale
4 hours -
Motorist remanded in custody for hitting four-year-old girl
5 hours -
Mobile money vendor robbed at Ziope
5 hours -
Benin’s Finance Minister Wadagni seeks his own mandate in election
5 hours -
GNFS retrieves body of unidentified man from Asylum Down drain
5 hours -
CAF’s Motsepe to visit both Senegal and Morocco amid AFCON fallout
5 hours -
Edmond Boateng takes up secretary role at Honorary Consular Corps of Ghana
5 hours -
Armed men kill 20 and abduct others in northwestern Nigeria villages
6 hours