Centre exempts E22, E25, E27 and E30 petrol blends from excise duty in biofuel push
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
Representational image (Photo: Getty Images)
With less than a month remaining for budget presentation, Finance Ministry day invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.
People can exercise their voting option on the official twitter handle of the Ministry of Finance.
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"Please give your suggestions… Which sector (Infrastructure/Manufacturing/Agriculture/IT and Services) needs more focus in Budget 2017-18?" the Finance Ministry said in a tweet.
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Although voting would remain open for a week, initial pattern suggested netizen's preference for agriculture, followed closely by infrastructure. Manufacturing was the third in preference followed by IT and Services.
In November 2016, the Finance Ministry had invited suggestions from public on myGov portal for Budget 2017-18 in order to encourage public participation and bring in greater transparency.
Government has decided to present the Budget for 2017-18 on February 1, instead of the usual practice of unveiling it on the last working day of February, so that all allocations are available before the start of financial year from April 1.
It has also decided to merge the Rail Budget with the Union Budget.
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