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Tax is a compulsory payment made by individuals and businesses to the government to finance public services and development. ⸻ What is Tax? Tax is money collected by the government to fund: • Education 📚 • Health services 🏥 • Roads & infrastructure 🛣️ • Security & administration ⸻ Main Types of Tax 1. Direct Taxes Paid directly by the person or business. • Income Tax • Business Profit Tax • Withholding Tax • Capital Gains Tax 👉 Burden cannot be transferred ⸻ 2. Indirect Taxes Collected from
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