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34Scientific Journal Impact Factor
DIRECTIONS FOR THE FORMATION OF BUDGET REVENUES
Kudiyarov Kishibay Ramatullaevich Karakalpak State University, docent Jengisbaev Murat Azatovich Karakalpak State University financial specialization 3rd grade student
Annotation: This article describes the scientific and practical basis for the formation of the revenue base of local budgets. It is based on the possibility of strengthening the revenue base of budgets through the rational use of the economic potential of the regions.
Keywords: Tax, tax administration, economic potential of the regions, budget courts, revenue, development, local budget.
Аннотация: В статье описаны научные и практические основы формирования доходной базы местных бюджетов. В его основе лежит возможность укрепления доходной базы бюджетов за счет рационального использования экономического потенциала регионов.
Ключевые слова: налоги, налоговое администрирование, экономический потенциал регионов, бюджетные суды, доходы, развитие, местный бюджет.
Reforming the budget system and effective management of local budgets in the Republic of Uzbekistan is one of the urgent tasks today. The current stage of development of the budget system in the Republic of Uzbekistan requires the effective implementation of highly responsible tasks based on the common interests of the state budget and social policy, it is important to distinguish two aspects of this task: firstly, the need to prevent the positive implementation of state social policy on the ground or the aggravation of problems in the regional economy, and secondly, the need to improve their capacity accordingly in the context of expanding the rights and obligations of local budgets. The interconnectedness of these two aspects will allow us to positively address the current critical issue of socio-economic development of the country.
Today, one of the most pressing issues in our country is to reduce the dependence of budget organizations on the state budget, which is one of the most important sectors of the public sector, and to establish financial self-sufficiency. One of the measures of the Action Strategy for the five priority areas of development of
INTRODUCTION
DISCUSSION AND RESULTS
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Uzbekistan for 2017-2021, approved by the Decree of the President of the Republic of Uzbekistan, is to continue institutional and structural reforms to reduce state participation in the economy.
Resolution of the President of the Republic of Uzbekistan dated December 26, 2018 No PP-4086 "On the forecast of key macroeconomic indicators and parameters of the state budget of the Republic of Uzbekistan for 2019 and budget targets for 2020-2021" until May 1, 2019 It is no coincidence that the Ministry of Finance has been instructed to conduct research on the transition to self-financing.
Thus, reducing the share of budget funding from budget organizations and sources of funding for budget recipients will play an important role in increasing the effectiveness of economic reforms in our country. One of the most effective ways to reduce the share of the budget in the financing of budget organizations and increase the share of extra-budgetary funds is to establish and improve business activities in budget organizations based on the production of goods (works, services) without affecting their core business.
It is obvious that it is expedient to create an attractive environment for the establishment of entrepreneurial activity in budget organizations and the conditions for the development of this activity. In this way, it is possible to reduce the share of budget organizations in the sources of funding and increase the share of extra-budgetary funds.
It is very important to keep accurate records of budget organizations in the production of goods (works, services).
Determining the cost of production, goods, works and services, keeping accurate records of their sales, determining the financial results associated with these activities, the correct reflection in the accounts and reports is a topical issue. In this way, the efficiency of the budget organization's production of goods (works, services) is ensured.
In the context of the transition to market relations, the importance of regulating the budget and public spending as a tool for managing macroeconomic policy has sharply decreased and has come to the fore. In turn, this requires a constant analysis of costs in terms of their impact on the economy.
In the current situation, the difficulties in the implementation of tax reform, first of all, the implementation of tax relations in the country is determined by practical experience. This in turn requires improving the tax system; second, it is determined by the attitude of the public towards taxes. This is explained by the need to take into account the social and economic consequences of decisions made in such
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a situation. It is a requirement of the time that the tax system formed in the Republic today serves to deepen economic reforms and increase their efficiency.
The goal of tax reform is not to create ideal means of governance, but to invent a forward-looking mechanism, but to organize it in accordance with a specific historical period. Taxes are a means of regulating the market economy, so the improvement of the tax system has certain methodological and methodological problems. Therefore, the solution of these important directions mentioned above is of great scientific and practical importance.
Taxes are widely used in the regulation of the economy by the state in the context of market relations. Because taxes affect the process of reproduction at different stages of management and participate in the distribution of the product created. In this context, the theoretical research on tax relations in the state or in a particular region in 2017 involves the tax system, the tax potential along with the taxation procedure, and its assessment.
The medium-term development strategy of Uzbekistan identifies important tasks such as increasing the base of local budget revenues, ensuring their financial independence, creating a competitive environment between the regions.
Reflecting on the development of the regions, the President of the Republic of Uzbekistan Sh.M. Mirziyoyev says that "local budgets do not have enough funds to finance sustainable socio-economic development of the regions."
Therefore, today it is important to take measures to increase the revenues of local budgets, to ensure their sustainability, while taking a systematic approach to the issue through the widespread use of science-based proposals and recommendations.
In developed countries, the concept of tax potential is widely used in determining the revenue base of the local budget. However, it is worth noting that there is no single approach among scientists on this concept.
In world practice, the tax potential is the state budget revenues per capita, collected by public authorities during the fiscal year, using the conditions of uniform taxation in the regions of the country.
The issue of tax potential and its assessment is one of the issues at the center of scientific debate. There are a number of developments in foreign science that combine approaches and views on the nature of this economic category.
In conclusion, the above comments on the tax potential can be further expanded, summarizing the approaches, based on the criteria for classifying the forms and types of tax potential. In our opinion, in the context of the implementation of the Action Strategy for the Development of Uzbekistan for 2017-2021, it is expedient to
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implement fiscal policy to increase local budget revenues, ensure their financial independence, improve the tax system to ensure inter-budgetary balance.
It is advisable to use the best practices of developed countries, in particular, the "representative tax system" developed by the US Commission of Experts on Interbudgetary Relations.
2 O'.R.Q. No. 417 "On amendments and additions to some legislative acts of the Republic of Uzbekistan in connection with the adoption of the main directions of tax and budget policy for 2017" will be 2017. The essence of the representative tax system as a criterion for assessing the tax potential of the regions is characterized by the calculation of the amount of total budget revenues collected in the region.
To use the representative tax system model, it is required to have general information on the regions. Actual receipts of taxes and other income, their tax bases allow to calculate receipts by regions. This amount, in turn, can be taken as the tax potential of the region. In the context of Uzbekistan, the formation of tax revenues of local budgets at the expense of the norms of deductions from national taxes allocated from the upper budget, the centralized establishment of consolidated tax revenues of local budgets facilitates the use of the representative tax system. Therefore, if the problem is solved by identifying the types of taxes that serve to form the budget of the region, it will be possible to introduce the use of the representative tax system.
1. Mirziyoev Sh. "Critical analysis, strict discipline and personal responsibility should be the daily rule of every leader." T:. "Uzbekistan" -2017 - 104 p.
2. A.B.Allikuliev. Improving the theoretical basis and methodological framework of medium-term budgeting practice. Written dissertation for a master's degree. T.-2015.
3. Usmonov Q.A. The process, methods of budget revenue planning and directions for their improvement // Scientific electronic journal "Economy and Innovative Technologies". No. 4, July-August,2014.http://iqtisodiyot.uz/sites/default/files/maqolalar/16_Q_Usmonov.pdf
4. Zaynutdinova U.D. Issues of increasing local budget revenues in the regions // Strengthening the effectiveness of the banking and financial system to increase the competitiveness of the Uzbek economy. Collection of abstracts of international scientific-practical conferences. T .: Finance, 2017. -p. 90.
CONCLUSION
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