India will achieve revenue target in 2013/14: FM

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 crores  through direct taxes and Rs 4,700 crores through indirect taxes in 2013/14, the federal budget document shows.