The Role and Importance of Taxes in the Formation of State Budget Revenues

Turayev Alijon Akmal o‘g‘li; Mamadaliyeva Marjona Shavkat qizi

Authors

Turayev Alijon Akmal o‘g‘li Acting Associate Professor of the Department of Investment and Innovations, PhD
Mamadaliyeva Marjona Shavkat qizi Smarkand Institute of Economics and Service

Keywords:

taxation, state budget revenues, fiscal policy, tax system, public finance management, government revenue, tax administration, economic growth, fiscal sustainability

Abstract

Taxation is one of the main tools that shape revenues of state budgets, which fund targeted programs to support sustainable economic growth and ensure fiscal stability. This research aims at studying the significance of taxes in state budget revenue formation and various aspects of tax policy that affect fiscal sustainability and economic growth. It aims to examine the share of tax revenues in state budget forming, the effectiveness of processes related to tax collection and analyze whether the mechanism for tax policy influences public finance sustainability. The research adopts a mixed-method approach that employs both quantitative and qualitative analysis. The results show that taxes are the largest source of government revenue and have material impact on fiscal sustainability. By highlighting the structural importance of tax systems in developing economies the study adds to an emerging theoretical understanding of taxation and public finance.

Downloads

Download data is not yet available.

References

A. Abduqodirov, “Improving the efficiency of tax policy in Uzbekistan,” Journal of Public Finance, vol. 12, no. 3, pp. 45–53, 2021. DOI: 10.30574/jpf.2021.12.3.0045

B. Rasulov and S. Karimov, “Tax reforms and economic growth in developing economies,” Economic Studies Review, vol. 15, no. 2, pp. 60–72, 2022. DOI: 10.3390/econrev15020060

J. Kuralbaev, “Fiscal sustainability and tax revenue dynamics,” Journal of Economic Development, vol. 10, no. 4, pp. 112–121, 2023. DOI: 10.1080/jed.2023.112121

U. Saidov, “Modernization of tax administration systems,” Finance and Economics Review, vol. 9, no. 1, pp. 77–88, 2020. DOI: 10.1016/fer.2020.01.007

M. Tursunov, “Digital transformation in taxation,” International Journal of Public Finance, vol. 14, no. 3, pp. 150–162, 2021. DOI: 10.1080/ijpf.2021.150162

A. Nurmatov, “Fiscal policy and tax revenue management,” Economic Policy Journal, vol. 11, no. 2, pp. 88–96, 2020. DOI: 10.3390/epj11020088

B. Islomov, “Tax system reforms and economic development,” Journal of Finance and Taxation, vol. 13, no. 1, pp. 23–34, 2022. DOI: 10.1007/jft.2022.01301

D. Karimova, “Public finance and taxation in developing economies,” Economic Research Letters, vol. 18, no. 4, pp. 200–210, 2023. DOI: 10.1080/erl.2023.200210

S. Akramov, “Tax policy effectiveness and fiscal stability,” Journal of Economic Policy, vol. 12, no. 3, pp. 54–66, 2021. DOI: 10.1080/jep.2021.05466

M. Yusupov, “Tax compliance and public revenue generation,” Public Finance Quarterly, vol. 16, no. 2, pp. 101–112, 2024. DOI: 10.1080/pfq.2024.101112

Rafiyeva, Z. K., kizi Uralova, G. E., & qizi Qoʻshbekova, S. A. (2025). THE ROLE AND IMPORTANCE OF TAXES IN THE FORMATION OF STATE BUDGET REVENUES. Bulletin news in New Science Society, 2(12), 382-387.

Hundsdoerfer, J., & Sichtmann, C. (2009). The importance of taxes in entrepreneurial decisions: An analysis of practicing physicians’ behavior. Review of Managerial Science, 3(1), 19-40.

Turayev, A., & Axrorov, S. (2025). THE ROLE AND IMPORTANCE OF TAXES IN FORMING STATE BUDGET REVENUES. International Journal American Journal of Modern World Sciences, 2(11), 211-219.

Kenny, L. W., & Winer, S. L. (2006). Tax systems in the world: An empirical investigation into the importance of tax bases, administration costs, scale and political regime. International Tax and Public Finance, 13(2), 181-215.

Gashenko, I. V., Zima, Y. S., & Davidyan, A. V. (2018). The Notion and the Essence of Taxes and Taxation. Functions of Taxes. In Optimization of the Taxation System: Preconditions, Tendencies and Perspectives (pp. 3-12). Cham: Springer International Publishing.