write any two difference between tax and payments
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Tax is levied compulsorily by the government on its citizens to defray the expenses of the government.
A tax, by definition, is a payment in return for which no direct and specific quid pro quo is rendered to the taxpayer.
As payment of tax is compulsory, refusal to pay tax invites punishment.
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Answer:
Firstly, a tax is a compulsory payment levied by the government on its citizens and various business firms. ... On the other hand, a fee is a voluntary payment to the government for the special services rendered by it in the public interest, but conferring a specific advantage on the person paying it.
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