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E-Levy reduced to 1.5 per cent

The Minister for Finance, Ken Ofori-Atta has reduced the percentage of the controversial Electronic Transfer Levy Bill from the initial 1.75 percent to 1.5 percent.

This happened on Tuesday in Parliament as part of the amendments to the Bill, after the Minister tabled it for passage despite the Minority’s opposition.

It was, however, considered by a Majority-sided House as some proposed amendments were carried out after a showdown between both sides on Tuesday.

The Minority had accused the Majority Caucus of smuggling the levy into the Order Paper for consideration.

 

Source: Myxyzonline.com|Ghana

 

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