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The essential characteristics of tax include:

1. it is an enforced contribution

2. it is generally payable in money.

3. It is proportionate in character, usually based on the ability to pay

4. it is levied on persons and property within the jurisdiction of the state

5. it is levied pursuant to legislative authority, the power to tax can only be exercised by the law making body or congress

6. it is levied for public purpose

7. it is commonly required to be paid a regular intervals

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Q: Nature concept and characteristics of taxation?
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