International Journal of Research in Social Sciences
Year : 2018, Volume : 8, Issue : 9
First page : ( 332) Last page : ( 340)
Online ISSN : 2249–2496.

Current economic conditions of formation of budget revenues in the republic of Karakalpakstan

Jumagulovich Musagaliyev Ajiniyaz

PhD, Accosiate Professor, Karakal pakstan branch of the Academy of Sciences of the Republic of Uzbekistan, Research Institute of the Natural Sciences of Karakalpakstan

Online published on 5 August, 2019.

Abstract

This scientific article is devoted to the consideration of issues of tax receipts as the major source of budget revenues in the Republic of Karakalpakstan which is northern part of our republic. In particular, the article provides analysis of shares of the tax on the use of water resources, fixed tax levied on legal entities and individuals for certain types of entrepreneurial activity, fixed tax for individuals engaged in entrepreneurial activity, and of excise tax on beer and vegetable oil in the revenues of the regional budget. Moreover, the article contains proposals to provide local budgets with subsidies for cities and districtswith subventions as well as suggestions on ensuring the growth of revenues to local budgets.

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Keywords

Regional budget, local budget, revenue formation, structure of tax receipts, budget subventions, increase of budget receipts, potential of natural resources.

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