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All Journal Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations
Nuriddin, Ernazarov
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Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences

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STRENGTHENING THE ROLE OF ELEMENTS OF FINANCIAL CONTROL OF ENTERPRISES WHILE IMPROVING TAX COLLECTION Nuriddin, Ernazarov; Bahriddinxon, Yahyoyev
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i3.440

Abstract

The article outlines the difficulties of ensuring stability, the unpredictability of a cyclical downturn in the economy, methods of monetary control in conditions of both budget deficits and surpluses in conditions of manipulation of securities through the use of a reserve requirement for bank deposits. It is noted that mandatory reserve requirements should not be a permanent element of the state financial system. The proposal is made that reserve requirements in the order of 5% of credit accumulated in current accounts or savings deposits should be subject to monetary control rather than budgetary control
Duality of tax inflation and its impact on emissions Nuriddin, Ernazarov
Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha
Publisher : Antis Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61796/ejcblt.v1i3.441

Abstract

Economic duality, characterized by the coexistence of different modes of production, consumption, labor markets, taxation, and monetary circulation within the same economy, can significantly impact economic development. In transition economies, duality often leads to underdevelopment, resource mismanagement, and corruption. This research explores the duality of tax inflation and its impact on emissions within such economies, with a focus on the case of Uzbekistan. The study aims to examine how dual monetary systems and tax inflation contribute to economic imbalance and environmental degradation. Utilizing a mixed-methods approach, including qualitative analysis of economic policies and quantitative assessment of emission data, the research reveals that dual monetary systems lead to tax evasion and inefficient resource allocation. The findings highlight the need for integrated economic reforms, emphasizing the unification of monetary circulation and the decentralization of financial decision-making. The implications suggest that addressing fiscal imbalances through optimized tax policies is crucial for sustainable economic development and environmental preservation.
Co-Authors Bahriddinxon, Yahyoyev