HomeLatest NewsPresident Mahama fulfills campaign promises; signs amended bills to abolish Betting Tax,...

President Mahama fulfills campaign promises; signs amended bills to abolish Betting Tax, E-Levy Tax among others

As part of his campaign promise in getting Ghanaians to vote for him, President John Dramani Mahama has kept to his word by abolishing certain taxes he promised to get rid of.

President John Dramani Mahama has fulfilled a key campaign promise by signing into law a set of amended bills that abolish the Betting Tax, E-Levy Tax, and Emissions Tax, among others.

READ ALSO: Speaker of Parliament says there will be an award scheme called “Vulture Awards” for people with less integrity (corrupt)

On April 2, the president signed a bill to abolish E-Levy among other taxes as he had initially promised in his campaign message.

The abolished taxes were previously criticized by business groups like the Ghana Union of Traders Association for causing double taxation and failing to meet revenue targets, with the E-Levy missing its 2023 goal by over 50%.

READ ALSO: World Bank approves several loans totaling $632 million to Nigeria

Electronic Transaction Levy, commonly known as the E-Levy, was first introduced as a policy proposal by the Government of Ghana on November 17, 2021.

RELATED ARTICLES

Most Popular