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Union Budget 2015 came as a pleasant surprise for the business community. Loaded with several tax relief for corporate and start ups, it can well be seen as a good step towards the agenda of ease of doing business.

European Union finance ministers early on Monday agreed to set up a permanent system to rescue eurozone states which run into financial trouble of the kind that has brought Greece to its knees, diplomats said.

The ongoing negotiation for a market opening free trade and investment agreement between India and the 27-nation bloc European Union is expected to conclude by October this year, Commerce and Industry Minister Anand Sharma said on Sunday.

The current debt crisis in some European Union member states will have a negative impact on Indian exports and the Indian stock market, a top official said Saturday.

European Union leaders are inching towards agreement on some of the key elements of a 10-year economic plan, but will need months to agree on the final details, draft documents for an EU summit on Friday reveal.

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At its 31st meeting in New Delhi, headed by Union Finance Minister Arun Jaitley, the GST council decided to move 33 items from 18% GST slab to 12% and 5%. It was decided only 34 luxury items will be taxed at 18% or more. Jaitley said the decision on GST of real estate will be taken in next meeting.

Trump G7 suddenly turned against the water, Merkel disappoints and releases an unusually strong statement. The European Union has once again put the words to the United States: We will retaliate the United States. According to a report by Reuters on June 11, Canadian Prime Minister Trudeau

After a three-hour debate, the House of Lords voted 366 to 268 to back calls for a "meaningful vote" on the final terms of withdrawal from the 28-member European Union.

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