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General News of Wednesday, 2 April 2025

    

Source: www.ghanawebbers.com

Mahama assents to amended bills abolishing e-levy, betting tax and others

President John Dramani Mahama President John Dramani Mahama

President John Dramani Mahama has officially signed bills into law, scrapping the betting tax, e-Levy, and emissions tax. The move fulfills a major NDC manifesto pledge aimed at easing financial burdens on Ghanaians and promoting economic growth.

Parliament passed the repeal of the Electronic Transfer Levy (E-Levy) on March 26, marking a significant policy shift. Introduced in 2022 under the previous NPP government, the e-Levy imposed a 1.5% charge on electronic transactions.

The tax faced strong opposition, with critics arguing it disproportionately affected low-income earners.

The decision has been widely welcomed, with many seeing it as a step towards economic relief and business expansion in Ghana.