U.S. Courts News Reporter
The source for this is a website called U.S. Debtclock.org. It allows you to look at the picture of America’s economy in 1980 and today. To add drama, it does it much as the other debt clocks you can find on line where the debt we owe as a nation expands by millions every hour. I can’t vouch for the accuracy of the data but as I analyzed it with other statistics I have seen it “feels” accurate.
We take … Read the rest
The Goods and Services Tax (“GST”) legislation has recently completed its sixth anniversary. The 50th GST Council meeting conducted on July 11, 2023 was marked by tax rate changes, availability of exemptions, procedural amendments, etc. It is noteworthy that the GST Council is proactively considering representations and feedback from all quarters of the industry. While the Government has been persistent in its efforts to iron out all creases, bottlenecks continue to exist. It was also expected that … Read the rest