Taxes are the main source of revenue for the state budget, and the role of taxpayers, legal entities and individuals, in their formation is invaluable. In recent years, our government has made significant strides and reforms to ensure that taxes and fees are paid to the state budget in a timely manner. The mechanism of taxation of individuals, the procedure for calculating and collecting taxes in the budget, the application of tax benefits have always been of special importance in tax relations. Selected as a research topic that reflects the current state of the personal income tax mechanism and current issues of personal taxation, this topic differs from other topics in its relevance. In recent years, the real income and purchasing power of the population in our country. In order to increase the taxation of personal income, the tax burden and the tax rate have been significantly reduced. In the context of high growth rates in our country, the personal income tax is an important source of state budget revenues and the tax system. The article analyzes the role of personal income tax in budget revenues in the country and its share at the regional level and makes recommendations on how to increase revenues.
Volume 12 | 07-Special Issue
Pages: 2033-2037
DOI: 10.5373/JARDCS/V12SP7/20202320