The government has cut the revenue target from the Electronic Transactions levy (E-Levy) to GH¢4.5 billion in line with developments following the proposal of the levy in November last year. The Commissioner-General of GRA, Reverend Dr. Ammisshaddai Owusu-Amoah, explained that the revision followed the reduction in the rate from 1.75 per cent to 1.5 per cent, the delay in implementing the levy and the negative sentiments that heralded the proposal of the levy last year. Dr. Owusu-Amoah added that GRA’s internal survey had indicated that electronic transactions would slowdown in the first days of the levy's implementation before picking up. He was, however, optimistic that transactions would stabilise in the medium term as people get used to the levy. He said the various exemptions provided by the government were boosters to the usage of electronic transactions and thus urged the public to look at the convenience provided by digital transactions. He also called on the public to take...