This lesson shows the difference between lightweight and annotated tags in git. Lightweight tags are simple pointers to commits without extra data. Annotated tags include metadata like author, date, and a message. We create a lightweight tag with 'git tag v1.0' and an annotated tag with 'git tag -a v1.0 -m "Release version 1.0"'. Using 'git show' on a lightweight tag shows the commit it points to, while on an annotated tag it shows full details. Both tags can be pushed to a remote repository. This helps you mark important points in your project history with or without extra information.