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Rediff News  All News  » Business » India will achieve revenue target in 2013/14: Chidambaram

India will achieve revenue target in 2013/14: Chidambaram

July 17, 2013 13:26 IST

Indian flagIndia 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 133 billion through direct taxes and Rs 47 billion through indirect taxes in 2013/14, the federal budget document shows.

Rajesh Kumar Singh in New Delhi
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