In order to ensure the stability of the socio-economic development of the region, practical proposals and conclusions are presented that substantiate the relevance of increasing the regional importance of local budget revenues in the implementation of the development strategy of New Uzbekistan.

Ensuring sustainable economic growth in Uzbekistan by diversifying the structure of the economy and enhancing competitiveness, consistent implementation of market mechanisms in all sectors of the economy, reducing poverty and improving the welfare of the population, accelerated development of the digital economy, transformation of state-owned companies, and reducing state participation in the economy are the priorities of the economic reforms currently underway. Within the framework of these economic reforms, such issues as improving budget policy and improving the efficiency of using budget funds occupy an important place. In reliance upon the considerations specified above, this article analyzes the theoretical aspects of improving the effectiveness of budget policy.

The article describes individual entrepreneurs and self-employed individuals. Procedural and practical recommendations were offered to increase the importance of taxation of individual incomes in the formation of budget revenues. In addition, a study was conducted on the current state of taxation of individual entrepreneurs and self-employed persons, studies of economists were studied within the scope of the topic, and conclusions and proposals were formed.

This study analyses the tax revenues and their composition in local budgets of Uzbekistan for the period 2021-2024. A descriptive statistical approach, visualization, and a panel-data framework were employed. The findings highlight the growing diversification of the tax base and the strengthening of budgetary revenues. Conclusions include practical recommendations to ensure local budget stability, improve tax policy, and broaden revenue sources. The results are relevant for maintaining fiscal stability and stimulating local economic development.

The article analyzes existing methodologies for assessing the effectiveness of incentive tax benefits in regions and identifies their advantages and disadvantages. It is substantiated that the assessment of the effectiveness of incentive tax benefits is aimed at determining the correlation between losses in budget revenues and the economic benefits arising for the state and taxpayers, as well as making decisions to extend, adjust, or cancel the benefit. It is demonstrated that the assessment of tax benefit effectiveness should be carried out based on budgetary, economic, and social criteria, and the assessment process should be conducted stage-by-stage. Based on the research results, an assessment methodology based on an integral coefficient and covering the main efficiency criteria is proposed. This allows for a comprehensive assessment of the budgetary, economic, and social consequences of tax benefits at the local level, as well as making well-grounded management decisions.

This article examines the practice of implementing initiative budgeting in Uzbekistan, and borrows ideas from the experience of foreign countries. The study aims to assess the effectiveness of proactive budgeting as an approach to public finance management. The article analyzes various methods used in foreign countries, assesses their flexibility and application in the conditions of Uzbekistan.