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LS adopts Supplementary Budget (General) for 2013-14

Last Updated: Thursday, December 12, 2013, 16:49

Lok Sabha on Thursday gave its approval to the government for Rs 18,594.27 crore additional spending in the current financial year to meet expenditure, mainly towards petroleum and fertiliser subsidies.

Diesel tax on cars won't help cut subsidy burden much: Crisil

Last Updated: Friday, June 08, 2012, 18:14

Additional taxes on diesel cars and utility vehicles will not help bring down petroleum subsidy significantly and the government will rather have to hike diesel prices to lessen the burden, according to market research firm Crisil.