Ghanaians will now pay e-levy on every money transfer; no more GHC100 threshold » ZestoNews•com™

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Authorities has reviewed the digital levy laid on transactions above GH100 on all networks.

The federal government has introduced a brand new coverage through the price range studying that Ghanaians will be paying an digital levy on any quantity they switch to a different receiver.

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In the course of the studying of the price range yesterday, November twenty fifth, finance minister Ken Ofori-Atta revealed that the federal government will cut back the controversial and burdensome Digital Transactions Levy (E-Levy) from the present 1.5% to 1% and in addition take away the threshold from GHC 100 per transaction.

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In accordance with Ken Ofori Atta, this new coverage and motion by the federal government is to minimize the ache of most Ghanaians as many have complained of hardship in Ghana; an motion that almost all Ghanaians have described as “robbing Peter to pay Paul“.

“As a primary step, nevertheless, the headline charge will be decreased to at least one % of the transaction worth alongside the elimination of the day by day threshold,” Ofori-Atta said.

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