Parliament is currently having a debate on the Electronic Transaction Levy (E-Levy) Bill.
According to report government presented an amended rate of the levy reducing it from 1.75 per cent to 1.5 per cent.
Meanwhile, the Minority caucus has vowed to kick against the government’s proposal because the tax would overburden Ghanaians, the Majority contend that it was a progressive tax that would contribute to national development.
Some agents and users of Mobile Money (MoMo) have also expressed their displeasure at government’s proposal. Some distraught mobile money agents and users said the directive was absurd and unacceptable.
According to them, they were already earning little to nothing as commissions from their transactions so issuing the directive was like “adding salt to injury.”