News

Ministry of Communication Meets Telco Companies Today Concerning E-Levy

• By Anita Addy
• November 19, 2021
• 0

The Minister for Communications and Digitalisation, Ursula Owusu, will meet with telecommunication companies today, on current service charges on mobile money transactions.

This is ahead of plans by government to introduce a 1.75% tax on all electronic transactions above  GH¢100 daily, a move that has been opposed by a section of the public.

Currently, users and recipients are charged about 1% each on every transaction.

In an interview with GHOne TV, the sector minister, Ursula Owusu-Ekuful said the meeting is essential as government seeks to “widen the tax net to finance the development agenda of the government.”
 
“The service providers are collecting 2%, one from the sender and another from the receiver. I think this needs to be relooked. There is more than can be done to widen our tax net.”

This fee, according to the Finance Minister, Ken Ofori-Atta, is to enhance financial inclusion and protect the vulnerable.

Source: Anita Addy