Tashkent, Uzbekistan (UzDaily.com) -- Reforming the system, introducing advanced international experience into practice helped to ensure transparency and fairness of the domestic tax sphere.

Budget revenues from taxes for the first quarter of this year made up 18.4 trillion soums, which is 1.7 times more than the same period last year, according to Uzbek State Tax Committee.

The results of tax revenues from individuals and legal entities also indicate that citizens began to follow the word of the law more and businessmen to come out of the shadows. For example, in the first quarter of this year, the value-added tax revenues doubled. The number of VAT payers has increased 5 times, and this is 35,000 business entities.

The main indicator of the loyalty of the chosen economic path are the indicators of income tax. In the first quarter, in relation to the same period last year, the income indicator in this direction grew 2.6 times. The number of entrepreneurs paying this tax has increased 5 times, passing the mark of 32 thousand.

However, for the first three months of this year, 49.7 thousand legal entities paid the water tax, which is 14.4 times more compared to last year’s figures.

The number of land tax payers for this period increased by 5.8 times, reaching 75 thousand legal entities.

An additional incentive for the legalization of jobs is the introduction this year of a single tax rate on personal income in the amount of 12 percent.

Now, due to a reduction in the tax rate on the payroll fund on the income of individuals, 169 billion soums remain at the disposal of enterprises. And 1.7 trillion soums, previously received by the budget, remain with workers.

In general, during the quarter, the number of individuals paying income taxes reached 4.8 million, that is, compared to the same period last year, increased by 450 thousand, by 10 percent, respectively.

The new concept of the tax system is based on the principles of transparency and justice, creating equal conditions for all that serves the stability of the formation of the State budget. And the first indicators of its work are partly the above-mentioned data, which for the first time received wide publicity among the public.