Fergana state university faculty of economics

3. The importance of the formation of budget revenues, tax policy
 Budget policy and public spending, the main purpose of the search for effective planning of the sources of financing the cost of this considered, tax policy, budget policy , the budget , ie income tax in the budget is based on sufficient and timely fall within the k maintenance, in order to ensure the implementation of the budget revenues are carried out. The main goal of tax policy and tax burden of taxes rational distribution without compromising economic development.

In the development of tax policy , along with the fiscal function of taxes , it is effective to increase the importance of the incentive function . Taxes through the encouragement of the development, production of raw material, labor and financial resources, collected the efficient use of the property until production to ease the tax burden to help encourage the improvement of the financial situation  and revive investment activity will bring. Tax rates, tax payers difficult to hold that their cases to avoid tax is reduced.

In the process of improving the tax system in the country, special attention is paid to the gradual reduction of the tax burden on businesses .

As a proof of the above, it should be noted that the tax rate for legal entities decreased from 31% in 2000 to 23% in 2014 and amounted to 7.5% in 2015, compared to 8% .

Regarding the property tax rate for legal entities, the tax rate was 4% in 2000, while in 2014 it was 3.5% and since 2014 it has been set at 4%. 

In order to support business entities, the tax rates set for them are declining, ie the tax rate for micro and small businesses has increased from 15% in 2000 to 5% today .

 Personal property tax system, increased taxes in the tax rate of the single tax , so the tax rate until 2010 0,5foiz rate charged, the next 4 years in accordance with the increase in the size of the property during the differentiated Setting rates: in the urban area of 200 square meters of property value in 2011 to 0.75 per cent, ranging from 200 square to 500 square property value of 0.9 percent and 500 square meters. m from the increased  value of property 1,13foiz the amount of tax charged, in this  case in 2012, 0.9%, 1.1%, 1.35%; In 2013, it was 1.04%, 1.25%, 1.55% percent, 1.2 percent in 2014, 1.4 percent, 1.8 percent, and 1.3 percent, 1.6 percent, and 2.2 percent in 2015, respectively.

In addition, benefits from taxation for a special category of persons defined as a prizewinner, he 60kv.km  . If the responsible bodies to survive the value of the property identified

The amount was set at 8833.0 thousand soums in rural areas and 20328.0 thousand soums in urban centers. ⁵

There is a decrease in rates for this type of tax as well.

It should be noted that in 2000, a four- tier tax rate was applied, with a lower rate of 15% (second tier 25%, third tier 36%) and a higher rate of 40%.

It is also necessary to focus on the rates of personal income tax.

State taxes Budget formation of revenues, as well as the determination of the share of GDP of the country through economic development evaluation . Although the increase in the share of taxes in GDP will lead to an increase in budget revenues , it may be an obstacle to further rapid economic development . Therefore, the total tax revenues to GDP ratio of ways to improve the tax system towards optimal to reduce the search is necessary.

As a result , the volume of production increased and the tax base expanded accordingly, which, along with measures to improve tax administration, ensured a low state budget deficit and revenue growth.