Capex to be decided according to country's need, says MoS Finance
Business Standard|December 14, 2024
Plan for building India's logistics towards becoming a developed nation by 2047 is in the works and spending towards capital expenditure (capex) would be decided according to the country's requirement, Minister of State (MOS) for Finance Pankaj Chaudhary (pictured) told reporters on Friday.
RUCHIKA CHITRAVANSHI
Capex to be decided according to country's need, says MoS Finance

He also said that no decision has been taken on the 35 per cent tax slab under the goods and service tax (GST).

"Our government has been pushing infrastructure and capex spend in the last few years.

In future when the Budget is made, capex will be decided as per the needs," Chaudhary said.

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