In an interview with the press in Tema, Mr Ahenkorah said “the E-Levy is a means of raising revenue to help the government in its desire to provide and expand road infrastructure, aid entrepreneurship, provide enduring solutions to youth unemployment, and improve the health and educational sector with modernized technology practices.”
Mr Ahenkorah explained that the new E-levy of 1.75 per cent is to be charged on all electronic transactions, covering mobile money payments, bank transfers, merchant payments, and inward remittances to be borne by the sender except inward remittances, which will be borne by the recipient.
He said the government’s proposed 1.75 per cent E-levy will shore up revenue and widen the tax base of the country.
The MP expressed optimism that parliament would build the necessary consensus to accept the E-Levy for the betterment of the nation.
He said the E-Levy was not a bad policy and commended the Finance Ministry for sensitizing and educating the citizens to understand and embrace the E-Levy policy.