What is the difference between tax and taxation?

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1182521

2026-05-08 14:41

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Tax has a limited meaning. It is the amount of tax levied/collected etc. by the Government. Taxation is the process of tax collection. It covers all of the following: passing of the law by the parliament, making of rules by the Government, entire set of people appointed as tax commissioners, assessment; the appellate authorities & so on. Rashmin Sanghvi

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