Asian Journal of Research in Banking and Finance
  • Year: 2022
  • Volume: 12
  • Issue: 6

Impact of the shadow economy on the generation of income of the state budget of the republic of Uzbekistan

1Dosent, Tashkent Institute of Finance, Uzbekistan. Email id: ranogt@mail.ru

Online published on 1 August, 2022.

Abstract

The article considers and investigates the economic content of the shadow economy. The essence and structure of state budget revenues are determined. The state of formation of the income structure of the budgets of the Republic of Uzbekistan for 2022 was assessed. The direct and indirect influence of the shadow economy on the formation of state budget revenues of the Republic of Uzbekistan and the main measures to reduce the shadow economy have been studied.

Keywords

Shadow economy, Budget revenues, Taxes, Tax rates, Official profit, Composition of budget revenues, Tax policy, Hidden economic processes