Tax is nothing but it is a charge made by government on the goods, on travelling, medicine etc., that is a sort of income to the government. These money is used for developing purpose.
The purpose of taxation is to finance government expenditure.
One of the most important uses of taxes is to finance public goods and services, such as street lighting and street cleaning.
Since public goods and services do not allow a non-payer to be excluded, or allow exclusion by a consumer, there cannot be a market in the good or service, and so they need to be provided by the government or a quasi-government agency, which tend to finance themselves largely through taxes.
There are two types of tax,
If tax is levied directly on personal or corporate income, then it is a direct tax.
If tax is levied on the price of a good or service, then it is called an indirect tax.
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