President John Dramani Mahama has fulfilled a key campaign promise by signing into law amended bills that abolish the Electronic Transfer Levy (E-Levy), Betting Tax, and Emissions Levy.
This action, completed on April 2, 2025, follows the passage of a resolution in parliament to abolish these taxes.
Parliament, on March 26, 2025, voted to approve the repeal of the Electronic Transfer Levy Act, 2022 (Act 1075).
In a manner similar to the initial passage of the law in 2022, the House on Wednesday conducted the repeal process under a Certificate of Urgency, expediting the second reading, consideration, and third reading stages.
Speaking during the second reading stage, the Majority Leader, Mahama Ayariga, highlighted an observation made by the Finance Committee; that repealing the law would make GH¢2 billion available to Ghanaian citizens in the form of disposable income.
In accordance with Article 106(7) of the Constitution, President John Dramani Mahama has assented to the bills
Source: myjcubeonline.com