Home Uncategorized E-Levy: MTN, AirtelTigo agree to reduce charges to cushion customers

E-Levy: MTN, AirtelTigo agree to reduce charges to cushion customers

0

Telecommunications giants MTN and AirtelTigo have agreed to revise downwards charges on person-to-person electronic transfers in the face of the impending Electronic Transactions Levy (E-Levy).

The two telecom companies are expected to reduce the fees charged customers by up to 25 percent “depending on the respective operator”.

A statement issued by the Ghana Chamber of Telecommunication (GTC) on behalf of the telcos on Friday, December 17 said extensive deliberations have been held with the government on the need to lessen the impact of the e-levy on customers.

See also  Mob Grime Announces New Song "Melody"

With this decision, customers will pay less on their transfers as government also negotiates with the telcos on how to deduct the 1.75 percent proposed to be taxed on electronic transactions. Less than GH¢100 transactions will, however, be exempt.

The new levy, expected to raise almost GH¢7 billion per annum, was announced by the Minister of Finance, Kenneth Nana Yaw Ofori-Atta, in the 2022 budget presented to Parliament on Wednesday, November 17.

See also  Village Chief Whipped By His People For Stealing Money Meant For The Construction Of Wells (WATCH VIDEO)

It has been one of the controversial policies captured in the budget, suspected to have led to the rejection of same by the Minority.

The budget, christened Agyenkwa Budget by Mr Ofori-Atta, has since been approved with the implementation of the e-levy to start on Saturday, January 1, 2022.

“Each operator would notify their customers of the applicable revised rate when the e-levy bill is passed into law.”

See also  NDC, Minority meeting was just to outdoor new leadership – Sam George

Already, Vodafone Ghana Mobile Financial Services Limited, managers of Vodafone Cash, do not charge customers on transactions.

By Emmanuel Kwame Amoh|3news.com|Ghana

Previous article5 ways to make your Toto smell good
Next articleSITSOFE FT CHIEF ONE – MEDIBE MA NYA (I WANT TO KNOW)
Sorkpor Joshua Rich (a.k.a. Choda/Dadabee) known in showbiz as Ghana Music Web is an Award Winning Blogger, Music Promoter, Graphic Designer, Hype Man and an Article Writer. Contact Info; Tel: +233 55 9185 379 / 20 4377 981 / 20 6260 899 Email: [email protected] /[email protected] / [email protected]

LEAVE A REPLY

Please enter your comment!
Please enter your name here