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General News of Monday, 9 October 2023

    

Source: www.ghanaweb.live

Government to redesign E-Levy - Report

E-Levy was introduced in May 2022 as a 1.5% charge on electronic and mobile money transactions E-Levy was introduced in May 2022 as a 1.5% charge on electronic and mobile money transactions

The government has revealed plans for a substantial overhaul of the Electronic Transfer Levy as part of its Medium Term Revenue Strategy, Myjoyonline.com reports.

The Electronic Transfer Levy, often criticized for its impact on mobile money transactions, was introduced in May 2022 as a 1.5% charge on electronic and mobile money transactions over ¢100 per day.

Designed to boost government revenue and extract

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