ACADEMIC RESEARCH IN MODERN SCIENCE
International scientific-online conference
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THE STATE OF FORMATION OF STATE BUDGET REVENUES AND
THEIR DISTRIBUTION BETWEEN BUDGETS OF DIFFERENT
LEVELS
Babaxanova Nafisa Nuriddinovna
Banking and finance academy of the Republic of Uzbekistan
https://doi.org/10.5281/zenodo.14287692
Annotation.
The effective formation and equitable distribution of state
budget revenues play a crucial role in ensuring the stability and sustainability of
public finances. This study examines the current state of budget revenue
formation in Uzbekistan, focusing on the mechanisms of revenue distribution
between various levels of the budget system—national, regional, and local. By
analyzing existing legal frameworks, statistical data, and international practices,
this research identifies key challenges and proposes recommendations for
improving the fiscal system in Uzbekistan.
Keywords:
Revenues, local government, state budget, current expenses,
inter-budgetary relations, local budget policies, real taxes.
The first processes of organizing budgetary relations consist in the
formation of its part of income. Budget revenues play the role of a necessary
financial resource for the implementation of the tasks assigned to it based on
budgetary functions. That is why the main function of income is the formation of
financial resources to increase the corresponding budget costs to practice. The
revenue and cost components of local budgets are independent and at the same
time interdependent categories. Each of them has its own characteristics.
Revenues serve as a financial base for the activities of local authorities, while
expenses serve to satisfy territorial needs.
In world practice, the following principled approaches to resolving the re-
systematization of income and the provision of local budgets with taxable
income are used between the branches of the budget system. The increase of
private bases of taxation of territories does not always justify itself. That being
said, we can say that the current status of the powers of local government bodies
in the field of taxation is sufficient. However, the existing powers do not reflect
in the face of a single complex that forms the implementation of active local
budget policies, dividing them in relation to issues in the field of taxation. In
addition, for economic development extirpations of the UZ of local government
bodies the real necessary income does not seek to receive the right, but rather,
they seek to receive surplus income at the level possible from the center
according to the book of merit. This situation is due to insufficient improvement
ACADEMIC RESEARCH IN MODERN SCIENCE
International scientific-online conference
18
of the system of inter-budgetary relations and the abstraction of legal situations
at the national level is marked with.
In our opinion, it is necessary to redistribute existing tax income in the
current conditions between the branches of the budget system on the basis of a
permanent or extended period in a full or fixed share. Such an approach to a
certain extent solidifies the tax base of local budgets, ensures a budget of
different levels and various taxes in conditions of potential, an equalizing
approach is maintained in the formation of tax bases of Regions. The current
attached sources of income of local budgets are mainly taxes due to the fact that
Real taxes are the most abundant in the tax debt of the existing taxes in the tax
system. This situation is necessary for the current costs of most local budget
nodes as a result of the lack of funds, temporary cash cuts are created, and the
possibility of financing current expenses for the purpose of obtaining loans from
the budget of the Republic is growing.
References:
1.
Budget Code Of The Republic Of Uzbekistan. Law of the Republic of
Uzbekistan. Oak-360. 26.12.2013. Collection of legislation of the Republic of
Uzbekistan, 2013. No. 52-i-San. / / www.lex.uz.
2.
Malikov T. S., Haydarov N. H. Budjet: tizimi, tuzilishi, jarayoni. O'quv
qo'llanma" iqtisodiyot moliyasi", 2008, 84 b.
3.
I. N. Qo'ziyev, SH. V. G'aniyev, A. S. Ramazonov. Byudjet uning obi va
nazorati: dars /; - T.:" Nihol bosma " OK, 2022. 632 b.
4.
R. Musgrave, "Public Finance in Theory and Practice" (Davlat moliyasi
nazariyasi va amaliyoti.
5.
J. Stiglitz, "Economics of the Public Sector" (Davlat sektori iqtisodiyoti).
