Tashkent, Uzbekistan (UzDaily.com) -- Today, on 8 July, at a regular plenary session of the Senate, the Law "On amendments and amendments to some legislative acts of the Republic of Uzbekistan in connection with the improvement of tax and customs legislation" was discussed.

It was noted that in our country, thanks to the improvement of tax and customs legislation, as in all areas, it was possible to expand the activities of individuals and legal entities, create the necessary conditions and opportunities for them.

In order to provide additional benefits to the population and entrepreneurs, appropriate amendments and additions are made to the Tax and Customs Codes.

In particular, excise rates on mobile communication services are reduced, monthly payments of up to 3 million soums paid by parents (adoptive parents) for the provision of educational services to their children by non-state preschool educational organizations and schools are exempted from income tax.

In addition, it is established that the composition of total income does not include income received by students from the provision of paid training courses, sports clubs and other educational services organized on the territory of higher educational institutions, certain types of expenses of non-state preschool educational organizations and schools established by law, including number of non-state preschool educational organizations and schools in the form of public-private partnership.

At the same time, the import of spare parts of medical equipment and products and consumables for medical purposes according to the lists formed in the prescribed manner is exempt from paying value added tax.

For business entities engaged in retail trade and public catering, hotel, passenger and freight transportation by road, vehicle maintenance, computer services, repair of household appliances, agro- and veterinary services, as well as entertainment centers, a 1 percent rate of social tax is applied.

At the meeting, the senators noted that with the provision of temporary tax incentives to business entities, the development of services, tourism, the capital market and medicine, the creation of new jobs and employment of the population will be achieved.

The adoption of the Law also contributes to the improvement of the tax and customs system, the improvement of the business environment, which will ultimately ensure the growth of incomes of the population.

The law was approved by the senators.