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E-Levy now law as Akufo-Addo assents to bill

President Nana Akufo-Addo on Thursday afternoon assented to the E-Levy bill, making it the newest law of the country.

Although the Minority is in court to challenge the legitimacy of the approval of the controversial bill after the Majority passed it on Tuesday, the president endorsed the levy regardless of the consequences.

Ghanaians are expected to pay 1.5% of tax to the government on almost all electronic transactions that will be made in May this year.

The government has pledged to be accountable with the funds expected to be almost GHS 7 billion that will be accrued on the levy.

E-Levy expected to improve the transport sector, road infrastructure, cyber security and create job opportunities for the youth.

 

Source: Myxzonline.com|Ghana

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