Written, directed, and produced by Vidhu Vinod Chopra, 12th Fail is an account of the real life struggles of IPS Officer Manoj Kumar Sharma.
Spoilers below.

Short answer
No, the dog doesn't die.
Detailed answer
Early in the film, we find the protagonist Manoj sitting alone. outside a bustling restaurant, at night. A stray dog enters the frame (shown somewhat at a distance), as the camera zooms in to focus on Manoj, we hear the stray dog whimpering (presumably from hunger, and as way of mirroring Manoj's own inner turmoil). The dog is not shown again.
Timestamp
00:27:49 A stray dog enters the frame and whimpers sadly from hunger.

What is 12th Fail
Released in 2023, 12th Fail is a Hindi-language film directed by Vidhu Vinod Chopra, and starring Vikrant Massey. The film is based on the true story of Manoj Kumar Sharma who had to overcome the societal and educational limits of poverty to become an IPS Officer (Indian Police Services Officer).
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