Taoism is also named as Daoism; it is an original Chinese religion. It is very often linked with the political and philosophical text evidently written by Lao Tzu in the period of 3rd and 4th century BC. Taoism is an ethical, religious and philosophical convention of Chinese origin, which focuses on the ideal of residing in harmony with the Tao or Dao (Romanized). The term ‘Tao’ means ‘path’, ‘principle’ or ‘way’ and can be traced in ancient Chinese religious conventions and philosophies other than Taoism itself. ‘Tao’ in Taoism signifies something, which is the force and source of everything that’s existential. Taoism derived its cosmological ideologies from the remnants of the Tao Te Ching (School of Yin Yang), an ambiguous and compact compilation of the teachings of Lao-Tse. The keystone foundation of Taoism is attributed to this book. The writings of Zhuangzi in combination with Tao Te Ching construct the philosophical platform of Taoism. Taoism commenced in China during the 2700s BCE. Ethics of Taoism and Taoist property may differ according to the specific school of derivation, but generally tends to focus on ‘action through non-action (wu-wei), simplicity, naturalness and spontaneity as well as the ‘Three Treasures’ (moderation, compassion, humility).