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India will achieve revenue target in 2013-14: Chidambaram


New Delhi:

India will achieve its overall budgeted revenue target in the fiscal year to March, finance minister P. Chidambaram told reporters on Wednesday.

India has in recent months stepped up enforcement of tax collections as it looks to raise revenue to help plug its widening fiscal deficit.

Asia's third-largest economy expects to mop up Rs. 13,300 crore through direct taxes and Rs. 4,700 crore through indirect taxes in 2013-14, the federal budget document shows.

Copyright: Thomson Reuters 2013

Story first published on: July 17, 2013 13:07 (IST)

Tags: P.Chidambaram, Finance minister, Revenue target

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