- Mahama abolishes betting tax, e-Levy, and emissions tax
- Public cheers the removal of the unpopular e-Levy
- Tax cuts aim to lower costs and support growth
President John Dramani Mahama has honored a significant campaign pledge by signing into law a series of bills that eliminate the betting tax, e-Levy, and emissions tax, among others.
The signing ceremony, which took place in his office, represents a crucial milestone in his administration’s efforts to alleviate financial pressures on Ghanaians and stimulate economic growth.
A central element of the National Democratic Congress (NDC) manifesto, the removal of these taxes was aimed at reducing the cost of living and fostering business expansion across the country.
On Wednesday, March 26, Parliament passed a bill to abolish the much-debated Electronic Transfer Levy (e-Levy), a move that has been widely welcomed by the public.
Introduced by the previous New Patriotic Party government in 2022, the e-Levy imposed a 1.5% tax on electronic transactions such as mobile money transfers, bank transfers, and online payments.
Since its inception, the levy has faced strong opposition, with protests and public outcry, as many critics argued that it unfairly burdened low-income earners and the unbanked population.
