President John Dramani Mahama has assented to 10 revenue bills to give effect to his campaign promise to reform tax administration in the country.
By signing the bills into law, as presented to him by the Minister of Finance, Dr Cassiel Ato Baah Forson, following the transmission of same by Parliament, President Mahama has repealed three laws and consented to the amendment of seven others.
President John Mahama (inset) after assenting to the bill The repealed laws are the Electronic Transfer Levy Act (E-Levy), Betting Tax and Emissions Levy.
The amended ones are the Earmarked Capping and Realignment Bill, Public Financial Management Bill, Public Procurement Bill, Value Added Tax (on insurance) Bill, the Petroleum Revenue Bill, the Energy Sector Levies Bill, Growth and Sustainability Levy Bill, and the Gold Board Bill - a new legislation.
