Current issues of execution of the budget of the Chechen Republic in the income section

In this article, the author examined the process of forming and executing the budget in the revenue part for 2019. As a result of the analysis of the revenue side of the budget, the main budget-forming taxes were identified. In the study, the author also touches upon the organization of the receipt and distribution of the budget revenues, describes the role of the participants in the budget process and their responsibilities. The author draws the appropriate conclusions that at this stage of economic development in the Russian Federation there are no incentives to increase its own revenue side of budgets. The sources of income at the disposal of regional and local government levels cannot be called sufficient, which leads to an increase in the number of subsidized regions in the country. Analyzing the budgetary system of the Chechen Republic, the author made a conclusion about a high level of organization of the budgetary process, which helped the financial authorities of the Chechen Republic to effectively carry out their key functions, taking into account the specifics of the territories. The author also emphasized that certain disagreements between the participants in the budget process are natural for the budget system, but at the same time, these disagreements increase the efficiency of the budget process by adjusting and improving it.