National Highways Act, 1956 is applied to which tax policy as presented in image_66da05.jpg?
- AService tax
- BProfessional tax
- CEntry tax
- DToll tax
Solution & Step-by-step Explanation
The National Highways Act, 1956 provides the legal framework for the declaration, development, and maintenance of national highways, which includes the statutory power to levy and collect fees for services/benefits rendered on such highways, commonly referred to as Toll tax.