Tag Archives: E-levy

ATM withdrawals not included in E-Levy – Finance Ministry

The Finance Ministry has stated that ATM withdrawals will not attract the 1.5% charge on electronic transfers. Also, same person transactions will not attract the E-Levy. The E-Levy is a tax imposed on electronic transfers charged at the time of transfer. The levy shall be administered by the GRA and …

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Akufo-Addo signs E-levy Bill into law

President Nana Akufo-Addo has on Thursday signed into law the controversial Electronic Transaction Levy (E-levy) Bill. The move by the President 48 hours after a one-sided Majority MPs in Parliament approved the Bill, allows for the implementation of the levy. Parliament passed the bill on Tuesday, March 29, 2022, at …

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E-Levy vs Minority Boycott: List of 8 absentee NDC MPs exposed – Report

Eight (8) Members of Parliament on the side of the Minority National Democratic Congress (NDC) were reportedly absent from Parliament on Tuesday even before the Minority walkout on the E-Levy vote. MyNewsGh.com has confirmed from records of Parliament that in addition to MP for Dome Kwabenya (NPP) and Assin North …

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All you need to know about E-Levy

Following the passage of the Electronic Transactions Levy (E-Levy) on Tuesday, March 29, 2022, the Ministry of Finance has issued a document with guidelines towards its full implementation in May 2022. With President Nana Addo Dankwa Akufo-Addo yet to assent to the Bill, the Ministry has put out a document that contains …

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E-Levy deductions to commence in May – Ofori-Atta

The Minister for Finance, Ken Ofori-Atta, has stated that the newly approved Electronic Transfers Levy otherwise known as E-Levy will come into effect from May this year. Speaking to journalists after President Nana Addo Dankwa Akufo-Addo’s State of the Nation Address in Parliament on Wednesday, Mr Ofori-Atta said the state institutions …

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I’m happy Parliament has passed e-levy – Nana Addo

President Nana Addo Dankwa Akufo-Addo has welcomed the passage of the controversial 1.5% Electronic Transfer Levy (E-levy) in Parliament. Delivering the State of the Nation Address in Parliament on Wednesday, March 30, 2022, the President said the passage of the e-levy presents an opportunity for Ghana to revive its economy. …

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Bagbin will never make the mistake of wrongly passing E-Levy – Annoh-Dompreh

Major Chief Whip, Frank Annoh-Dompreh, has refuted suggestions by the members of the minority caucus of Parliament that the passage of the E-Levy is illegal because there was no quorum in the House for the bill to be passed. According to Annoh-Dompreh, the majority caucus followed the right procedures, and the question …

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E-Levy is not MoMo tax; it’s an Electronic Transfer Levy – Deputy Finance Minister

Deputy Finance Minister, Abena Osei-Asare, has argued for the passage of the E-levy in Parliament on Tuesday, March 29. She assured that revenue to be generated from the E-levy will be used in proving the needs of Ghanaians. Speaking on the floor of the House she said the E-levy “is …

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You had no excuse to allow approval of E-Levy – Ras Mubarak tells Minority

Ras Mubarak, a former Member of Parliament (MP) for Kumbungu Constituency, has blamed the leadership of the Minority for failing to deploy its parliamentary prowess to prevent the passage of the Electronic Transaction Levy (E-Levy) bill. In a Facebook post on Tuesday, March 29, Mubarak said the Minority had no excuse to …

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VIDEO: Was ‘incapacitated’ Chieftaincy Minister transported to Parliament to help pass E-Levy?

On Tuesday, March 29, 2022, as the Majority MPs prepared to pass the Electronic Transfer (E-Levy) Bill, an ambulance was spotted within the premises of the Parliament of Ghana. The ambulance was not at Parliament because there had been some emergency and the attention of paramedics were needed but rather, it had allegedly …

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