Union Budget 2012-13 Business Today latest news
Business Today

The petroleum ministry asks the finance ministry to scale down the excise duty on branded diesel in the forthcoming budget due to the sharp drop in the sale of the fuel.

Mukherjee said there was a need to boost food production through a "second green revolution" that would help reduce the food subsidy bill.
Schedule for the Budget session of Parliament will be decided on Tuesday amid indications that the Union Budget 2012-13 may be presented around the middle of March.
The Finance ministry has sent the draft Bill to the Law Ministry for approval and will subsequently seek Cabinet's nod.
Finance Minister Pranab Mukherjee says the government has not yet decided on the final date for the presentation of the Union Budget 2012-2013.