Parliament has completed the second reading of the Electronic Transfer (E-Levy) Bill.
The Bill was adopted at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.
It is currently being considered by a Majority-sided House as some proposed amendments are carried out.
This development followed a showdown between both sides on Tuesday.
The Finance Minister is currently in the House to push for the bill's passage a day to 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 growth of the local economy, a development which 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.
Latest Stories
-
AFCON 2025Q: Poor home form cost us – Otto Addo
2 mins -
Togbe Afede criticises recent Supreme Court rulings as uninspiring and illogical
2 mins -
GPL 2024/2025: Accra Lions remain bottom after draw against Kpando
15 mins -
NDC condemns Dela Edem’s ‘unsavoury and distasteful’ about kufuor; issues public apology
25 mins -
‘Let them burn the sea; don’t return if Parliament is recalled’ – Asiedu Nketiah to NDC MPs
41 mins -
Bawumia’s commitment to excellence will ensure Ghana fulfills its potentials – Prof. Etse Sikanku
47 mins -
Ensign Global College marks 10th anniversary with 9th congregation
54 mins -
Over 80 educational projects to be commissioned this week
4 hours -
Kuami Eugene shows leadership; mobilises fellow artistes for peace song
6 hours -
The JOY Prime Made in Ghana Fair: Why not miss it!
6 hours -
GPL 2024/25: Struggling Asante Kotoko aim to bounce back against high-flying Nations FC
7 hours -
GES Deputy D-G admonishes students to uphold integrity and teamwork
7 hours -
Election 2024: Osabarima Dr Owusu Beyeeman advocates for peace
7 hours -
Fashion at Joy Prime Made in Ghana Fair
9 hours -
Alan Kyerematen wanted me to be his running mate – Okyeame Kwame
10 hours