Scary Law: Compulsory Deposit Scheme Act
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Compulsory Deposit Scheme Act, Act 21 of 1963
The Act made it compulsory for all categories of persons, as mentioned in Section 2 of the Act, to make certain deposits. According to Section 2, the Act was meant to be applicable to five different categories of persons viz., persons liable to payment of land revenue; persons liable to payment of tax under the Income-Tax Act, 1961; holders of immovable properties situated in urban areas assessed to tax; employees of the Government and local authorities, and dealers whose annual turnover is Rs. 15,000 or more and who are not liable to payment of income tax under the Income-Tax Act, 1961.
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How did you find it bro?
Never heard of this act which means it's redundant and not in use
this shows how govts make laws to acquire your hard earned money even when you have already paid income tax.
This is from 1960 bhai, govt isn't enforcing it anymore.
Back then economy was different.
The true part is that even if govt starts charging 100% income tax, they are legally allowed to do that.
how about u mention that it is not applicable now in the post..
Law is still there, and applicable. , just not implemented in practice
What's the context?
Why are you posting half-baked post?
Either don't post or provide context.
Aisa kis prani ne duskarm kiya tha jo beast bahar nikala
Some good use of your time to create awareness 
Ham to tax bracket me hi nahi aate.. sare jugad laga dete hain.. tax na lage ek bhi dhela.. ye skill bhi develop hui hai bcz i am middle class Bhartiya.. ameer log to nahi karte honge na tikram? Xd
Government ko sare inderect tax lena chahiye.m kisi ko pata nahi chalega xd
What is it bro? A history lesson from 1963 & 1974?