is and equals(==) operators are mostly same but they are not same. is operator defines if both the variables point to the same object whereas the == sign checks if the values for the two variables are the same.
Example Code
# Python program to
# illustrate the
# difference between
# == and is operator
# [] is an empty list
list1 = []
list2 = []
list3=list1
if (list1 == list2):
print("True")
else:
print("False")
if (list1 is list2):
print("True")
else:
print("False")
if (list1 is list3):
print("True")
else:
print("False")
Output
True False True