Author : Djaxongir R. Zaynalov and Zarif O. Ahrorov

The article is devoted to the study of the relationship between the inflation process, the state budget, tax exemptions from household incomes, as well as the stimulation of investment activity of corporations. In order to assess the
interrelationship of these financial and economic phenomena, the opinions of various domestic foreign scientists and government officials were reviewed, and practical data from a number of countries that took place in different time periods were analyzed. The effect of the considered indicators on income and investment activity of the population and corporations is shown. The authors’ opinion is given in relation to the policies pursued by different countries in this area.

Keywords: Tax, taxation, inflation, inflation process, economic crisis, tax burden, financial resources, budget.

Article published in International Journal of Current Engineering and Technology, Vol.9, No.3 (May/June 2019)