Parliament approves E-Levy bill; Minority threaten to sue them in court - CastinoStudiosgh

<img src="E-Levy.png"Parliament approves E-Levy bill; Minority threaten to sue them in court - CastinoStudiosgh.">
Parliament approves E-Levy bill; Minority threaten to sue them in court - CastinoStudiosgh

Parliament has approved the controversial Electronic Transactions (E-Levy) Bill on Tuesday afternoon.


This decision was reached after the Consideration Stage was completed by a Majority-sided House on Tuesday, March 29, 2022.


The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.


President Akufo-Addo is expected to assent to the bill.


The tax which has become a subject of debate among Ghanaians is expected to rake in close to ¢6 billion in tax revenue for the country.


The Ghana Revenue Authority (GRA) has already hinted that its structures have been revised and ready to ensure mobilization of the income.


Today, the Finance Minister was in Parliament to push for Bill’s passage a day before President Akufo-Addo’s State of The Nation Address.


From the onset, the Minority had accused the Majority Caucus of smuggling into the Order Paper, the consideration of the controversial Electronic Transaction Levy (E-levy).


According to the Tamale South MP, E-levy was not enlisted in Parliament’s business statement for this week.


He questioned why the Majority will pull such a surprise on the opposition National Democratic Congress (NDC) legislators.


But Deputy Finance Minister, Abena Osei-Asare, urged Members of Parliament to join hands in passing the Electronic Transaction Levy (E-Levy) Bill to enhance the country’s economic recovery process.


According to her, Ghanaians have already accepted the tax revenue measure and expect its passage.


This, she stated, will help address domestic challenges derailing the growth of the local economy, a development that has led to a high cost of living in the country.


But after a 30-minute break, the Minority Leader announced that his side will have nothing to do with the Bill.


He maintained that the outcome will bring untold hardship to the populace. On that note, he led the NDC MPs to vacate the chamber.


However, the Minority led by their leader Haruna Iddrisu held a press conference right after the passage of the Bill stating their plan to challenge the passing of the Bill in court.


According to the Minority, the number of the Majority can not form a quorum hence is wrong for them to pass the Bill.


“We will file to question the legitimacy of the decision”, Haruna Iddrisu stated.


For uploads and promotion of your music, contact Castino Studios.


Follow us on Twitter @djcastino1, Instagram as djcastinoofficial, and subscribe to our YouTube channel - Castino Studios.


Email us: castinostudios@gmail.com


WhatsApp: 0247064569

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.