Padding is for inside/within components. Eg. TextView , Button, EditText etc.
Eg. space between the Text and Border
Eg. space between the Text and Border
Margin is to be applied for the on-outside of the components.
Eg. space between left edge of the screen and border of your component
Eg. space between left edge of the screen and border of your component
Source: http://stackoverflow.com/questions/21959050/android-beginner-difference-between-padding-and-margin
