• About
  • Advertise
  • Privacy & Policy
  • Contact
Impel News
  • Home
  • News
    • All
    • Business
    • Politics
    Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

    Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

    Adansi Travels To Boost Tourism With The Boss Travel Club Launch

    Adansi Travels To Boost Tourism With The Boss Travel Club Launch

    Calls to stop Quayson trial: Will you want a philanthropist murderer to also be freed? – Dep A-G asks

    Calls to stop Quayson trial: Will you want a philanthropist murderer to also be freed? – Dep A-G asks

    aYo Family Cover Making Significant Inroads In Less Than A Month of Launch

    aYo Family Cover Making Significant Inroads In Less Than A Month of Launch

    aYo Ghana Launches Family Cover, Leaving No One Behind

    aYo Ghana Launches Family Cover, Leaving No One Behind

    Adansi Travel Marks 10 Years Anniversary With GHC 10 Tour

    Adansi Travel Marks 10 Years Anniversary With GHC 10 Tour

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
    • Business
    • Politics
  • Entertainment
    Silky Pablo Presents: The Silky Concert Second Edition 2023

    Silky Pablo Presents: The Silky Concert Second Edition 2023

    Ghanaian Gospel Sensation Mawusi Premiers ‘DIVINE SELECTION’ Music Video

    Ghanaian Gospel Sensation Mawusi Premiers ‘DIVINE SELECTION’ Music Video

    The Evolution of Jessy GH: Introducing JESSY DEGREAT

    The Evolution of Jessy GH: Introducing JESSY DEGREAT

    Mikal Asher Appreciates The Black Woman On His Latest Single

    Mikal Asher Appreciates The Black Woman On His Latest Single

    Posh Entertainment To Host ‘Saturday Brunch’ At Portion’s Garden And Night Club, April 29

    Posh Entertainment To Host ‘Saturday Brunch’ At Portion’s Garden And Night Club, April 29

    Future Kynn Unveils Artwork For First Track ‘Mama Story’ On EP Album ‘Journey Of A King’

    Future Kynn Unveils Artwork For First Track ‘Mama Story’ On EP Album ‘Journey Of A King’

  • Lifestyle
    I Have ‘Destroyed’ Marriages – Songstress iona Confesses

    I Have ‘Destroyed’ Marriages – Songstress iona Confesses

    Angry Mzbel ‘Barks’ At Critics After Issuing Public Apology

    Angry Mzbel ‘Barks’ At Critics After Issuing Public Apology

    Kalybos And I Plan To Have A Baby, If We Are Both Single After 2 Years – Ahuofe Patri

    Kalybos And I Plan To Have A Baby, If We Are Both Single After 2 Years – Ahuofe Patri

    Man and mistress involved in accident while chasing wife and her lover

    Man and mistress involved in accident while chasing wife and her lover

    Afia Schwarzenegger Jailed

    Afia Schwarzenegger Jailed

    ‘Blowing Out The Candle Of Other Won’t Make Yours Shine Brighter’ – Nkechi Blessing Tells Critics

    ‘Blowing Out The Candle Of Other Won’t Make Yours Shine Brighter’ – Nkechi Blessing Tells Critics

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Music
  • Sports
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

    Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

    Adansi Travels To Boost Tourism With The Boss Travel Club Launch

    Adansi Travels To Boost Tourism With The Boss Travel Club Launch

    Calls to stop Quayson trial: Will you want a philanthropist murderer to also be freed? – Dep A-G asks

    Calls to stop Quayson trial: Will you want a philanthropist murderer to also be freed? – Dep A-G asks

    aYo Family Cover Making Significant Inroads In Less Than A Month of Launch

    aYo Family Cover Making Significant Inroads In Less Than A Month of Launch

    aYo Ghana Launches Family Cover, Leaving No One Behind

    aYo Ghana Launches Family Cover, Leaving No One Behind

    Adansi Travel Marks 10 Years Anniversary With GHC 10 Tour

    Adansi Travel Marks 10 Years Anniversary With GHC 10 Tour

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
    • Business
    • Politics
  • Entertainment
    Silky Pablo Presents: The Silky Concert Second Edition 2023

    Silky Pablo Presents: The Silky Concert Second Edition 2023

    Ghanaian Gospel Sensation Mawusi Premiers ‘DIVINE SELECTION’ Music Video

    Ghanaian Gospel Sensation Mawusi Premiers ‘DIVINE SELECTION’ Music Video

    The Evolution of Jessy GH: Introducing JESSY DEGREAT

    The Evolution of Jessy GH: Introducing JESSY DEGREAT

    Mikal Asher Appreciates The Black Woman On His Latest Single

    Mikal Asher Appreciates The Black Woman On His Latest Single

    Posh Entertainment To Host ‘Saturday Brunch’ At Portion’s Garden And Night Club, April 29

    Posh Entertainment To Host ‘Saturday Brunch’ At Portion’s Garden And Night Club, April 29

    Future Kynn Unveils Artwork For First Track ‘Mama Story’ On EP Album ‘Journey Of A King’

    Future Kynn Unveils Artwork For First Track ‘Mama Story’ On EP Album ‘Journey Of A King’

  • Lifestyle
    I Have ‘Destroyed’ Marriages – Songstress iona Confesses

    I Have ‘Destroyed’ Marriages – Songstress iona Confesses

    Angry Mzbel ‘Barks’ At Critics After Issuing Public Apology

    Angry Mzbel ‘Barks’ At Critics After Issuing Public Apology

    Kalybos And I Plan To Have A Baby, If We Are Both Single After 2 Years – Ahuofe Patri

    Kalybos And I Plan To Have A Baby, If We Are Both Single After 2 Years – Ahuofe Patri

    Man and mistress involved in accident while chasing wife and her lover

    Man and mistress involved in accident while chasing wife and her lover

    Afia Schwarzenegger Jailed

    Afia Schwarzenegger Jailed

    ‘Blowing Out The Candle Of Other Won’t Make Yours Shine Brighter’ – Nkechi Blessing Tells Critics

    ‘Blowing Out The Candle Of Other Won’t Make Yours Shine Brighter’ – Nkechi Blessing Tells Critics

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Music
  • Sports
No Result
View All Result
Impel News
No Result
View All Result
ADVERTISEMENT
Home Uncategorized

E-levy: ‘We don’t demand to IMF; they may give us peanut’ – Prof Adei

Jayon Music by Jayon Music
February 24, 2022
in Uncategorized
0
E-levy: ‘We don’t demand to IMF; they may give us peanut’ – Prof Adei
0
SHARES
23
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT

An ex Aboard Chair on the Bekwai, ghana Revenue Authority (GRA), Prof. Stephen Adei is the most up-to-date person to widely support government’s debatable Electronic Transaction Garnishment (E-Levy).

According in order to him, the taxes policy is a new more feasible alternate to generate income and make upwards for shortfalls, instead of opposers’ recommendation regarding the country to find financial support through the International Monetary Finance (IMF)

He was adamant that the remedio to resuscitate the particular economy is to apply a new “homegrown” vehicle such as the proposed E-levy.

“I don’t assistance us going in order to the IMF today. This is the particular time we need to cease this NPP in addition to NDC thing in addition to get [going].

“I don’t believe we need in order to go to the particular IMF because right now there are two items that may happen regarding policy prescriptions in addition to the amount of cash we all will get simply because they won’t give us all over fifty per cent a billion money which is almond and fewer compared to half of just what E-levy will provide us. So we all need policy way changes and steps, and we may go through effectively domestically, ” he or she said in a great interview with Accra-based Class FM.

The particular former Rector regarding the Ghana Start of Management in addition to Public Administration (GIMPA), noted that the particular amount anticipated coming from the E-levy is usually enough to close off some income weaknesses, and must not necessarily be permitted to stay away from the government.

“I can see that will they will be having about ¢5 billion dollars. GH¢5 billion is usually still a huge sum; that’s almost captal up to $1 billion.

“Even in the event they are not going to get what exactly is projected granted your situation we happen to be in now, My spouse and i assume that the ‘MoMo’ must be taxed and, at very least, it helps bring throughout ¢5 billion to be able to plug the beginning, ” he explained.

Prof Adei discussed that funds developed from E-levy’s mobilisation are low in comparison with other tax insurance policies that are high priced in accumulation.

“Immediately, have to find low-hanging along with typically the ‘MoMo’ [tax] is probably the low-hanging ones. In a very acquiring country, one of the primary troubles in taxation can be that if the price tag on collection, sometimes, is higher than what you’ll have, then you need to, at the same time, let that go.

“With typically the MoMo tax, yet , the price tag on collection is practically zero, ” he / she opined.

Finance Ressortchef (umgangssprachlich) Ken Ofori-Atta, showcasing the 2022 funds on Wednesday, The fall of 17, announced of which the us government intends to be able to introduce an electronic digital transaction levy (e-levy).

The levy, he / she revealed, will be unveiled to “widen typically the tax net together with rope in typically the informal sector”. This kind of followed a past announcement the fact that federal intends to stop the collection involving road tolls.

Typically the proposed levy, which will was required to occur into effect throughout January, 2022, is often a charge of you. 75% on typically the value of electronic digital transactions. It protects mobile money repayments, bank transfers, seller payments, and back to the inside remittances.

There can be an exemption regarding transactions up in order to GH¢100 per time.

Explaining the government’s decision, the Financing Minister says the particular total digital purchases for 2020 had been estimated to end up being over GH¢500 billion dollars (about $81 billion) when compared with GH¢78 billion dollars ($12. 5 billion) in 2016. Hence, the necessity to widen the particular tax net in order to include the simple sector.

Even though the federal government has argued that will it is a great modern way in order to generate revenue, ratings of citizens in addition to stakeholders have portrayed varied sentiments about its appropriateness many standing firmly towards it.

Even even though others have contended supporting the garnishment, an area of the particular populace believe the particular 1. 75% e-levy is an insensitive tax policy that may deepen the currently prevailing hardship in the nation.

Post Views: 117
Tags: E-LevyE-levy: ‘We don’t demand to IMF; they may give us peanut’ – Prof AdeiInternational Monetary Fund (IMF)Prof Stephen Adei
ADVERTISEMENT
Previous Post

Im not aware Adwoa Safo wants my job as Mouthpiece Majority Leader ~ Afenyo-Markin

Next Post

Gladson Awako, Sammy Adjei begin License D Coaching course

Jayon Music

Jayon Music

Next Post
Gladson Awako, Sammy Adjei begin License D Coaching course

Gladson Awako, Sammy Adjei begin License D Coaching course

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Cause Of Gospel Singer, Osinachi Nwachukwu’s Death Revealed

Cause Of Gospel Singer, Osinachi Nwachukwu’s Death Revealed

April 9, 2022
Am In Love With Akuapem Poloo – Singer, Shatta Wale Says

Am In Love With Akuapem Poloo – Singer, Shatta Wale Says

April 26, 2022
We Did Everything to Stop This-Frank Edwards Drops Secrets About Death of Osinachi, Singer Of ‘Ekwueme’

We Did Everything to Stop This-Frank Edwards Drops Secrets About Death of Osinachi, Singer Of ‘Ekwueme’

April 9, 2022
Sugar doesn’t cause diabetes – Dietician

Sugar doesn’t cause diabetes – Dietician

February 22, 2022
22-year-old guy releases a video of himself and his 62-year-old white boyfriend; Set to marry him soon (Video)

22-year-old guy releases a video of himself and his 62-year-old white boyfriend; Set to marry him soon (Video)

0
Sugar doesn’t cause diabetes – Dietician

Sugar doesn’t cause diabetes – Dietician

0
Women can now have intercourse a week after giving birth – Team of Doctors Declared

Women can now have intercourse a week after giving birth – Team of Doctors Declared

0
Video of Kwame Nkrumah promising one man one house surfaces

Video of Kwame Nkrumah promising one man one house surfaces

0
Keche Releases New Single “Party Of The Year” Featuring Mr Drew

Keche Releases New Single “Party Of The Year” Featuring Mr Drew

September 29, 2023
Let Love Lead: Pioneering A Future Of Empowerment And Impact

Let Love Lead: Pioneering A Future Of Empowerment And Impact

September 28, 2023
Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

September 28, 2023
Wasiuskyboy Teams Up With Awal Dexta On New Single ‘Oluwa’

Wasiuskyboy Teams Up With Awal Dexta On New Single ‘Oluwa’

September 21, 2023

Recent News

Keche Releases New Single “Party Of The Year” Featuring Mr Drew

Keche Releases New Single “Party Of The Year” Featuring Mr Drew

September 29, 2023
Let Love Lead: Pioneering A Future Of Empowerment And Impact

Let Love Lead: Pioneering A Future Of Empowerment And Impact

September 28, 2023
Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

Born To Win Foundation Supports Saltpond Municipal Hospital With Medical Equipment

September 28, 2023
Wasiuskyboy Teams Up With Awal Dexta On New Single ‘Oluwa’

Wasiuskyboy Teams Up With Awal Dexta On New Single ‘Oluwa’

September 21, 2023
Impel News

Impelnews.com is an independent news media providing original and unbiased online news reporting and news analysis.

Our mission is to provide excellent fearless journalist.

Follow Us

Browse by Category

  • Business
  • Entertainment
  • Lifestyle
  • Music
  • News
  • Politics
  • Sports
  • Uncategorized

Recent News

Keche Releases New Single “Party Of The Year” Featuring Mr Drew

Keche Releases New Single “Party Of The Year” Featuring Mr Drew

September 29, 2023
Let Love Lead: Pioneering A Future Of Empowerment And Impact

Let Love Lead: Pioneering A Future Of Empowerment And Impact

September 28, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 Impelnews - Design ByHiTech Solutions Inc.

No Result
View All Result

© 2023 Impelnews - Design ByHiTech Solutions Inc.