He also said that his government was exploring the possibility of bringing down VAT rates in Delhi so that it was the lowest in the country.
"I wish to reiterate that that even if we increase the target, this will not lead to the harassment of traders. We believe in our traders and will follow a policy of not conducting raids. In our previous government, we did not undertake any unnecessary raids and that resulted in increased revenue.
The chief minister was addressing a gathering of traders at a function held at Alipur in Narela constituency.
Delhi Food and Civil Supplies Minister Asim Ahmed Khan and Chandni Chowk MLA Alka Lamba, too, were present at the event.
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Appealing to the traders to pay taxes, Kejriwal said every penny paid by them will be put to use for the right causes. He also asked the traders to give suggestions on how Delhi can be made a better trading hub.
Kejriwal has promised to end the "raid-raj", reduce VAT and develop the national capital as a traders' hub.