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E-levy a best policy of the NPP Government

The Danquah Institute has depicted the proposed 1.75% Electronic Transaction Levy (E-Levy) by the government as probably the best strategy to fuel advancement in the country

Tending to a public interview in Accra on Wednesday, Dr. Antionette Tseboe-Darko who is the Executive Director for DI said the presentation of a levy on all monetary electronic exchanges to broaden the duty net and rope in the casual area is in truth an honorable drive.

As indicated by her, the marvelous development and strength that has happened in the area even amidst the Covid-19 makes it the best region for the government to activate income.

Danquah Institute is of the firm accept that the E-levy is perhaps the best approach from the government. Since, regardless of the way that the electronic exchange area has not developed that much yet, it could do well during the fieriness of COVID-19 pandemic.

Unmistakably, its a region the government can have sufficient income to push improvement, Dr. Antionette Tseboe-Darko told writers.

The E-Levy was declared by the Minister accountable for Finance, Ken Ofori-Atta seven days prior when he was in Parliament to introduce the 2022 Budget Statement and Economic Policy Proposal of the government.

Through the new levy, the government is looking to charge a 1.75% duty on all electronic exchanges of more than GHS100 [per day].

From the projections made, the government is hoping to make 6.9 billion from Electronic Transactions Levy in 2022 alone.

Source : Kessben Online

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