Punjab Agriculture Income Tax Calculator — Reference Schedule

Estimate Punjab agricultural income tax from annual taxable agricultural income using the supplied Second Schedule reference. The calculator applies the progressive slab formula instantly in your browser.

Reference Income Slabs

Annual taxable agricultural incomeReference tax formula
Up to Rs. 600,000Nil
Rs. 600,001–1,200,00015% of the amount exceeding Rs. 600,000
Rs. 1,200,001–1,600,000Rs. 90,000 + 20% of the amount exceeding Rs. 1,200,000
Rs. 1,600,001–3,200,000Rs. 170,000 + 30% of the amount exceeding Rs. 1,600,000
Rs. 3,200,001–5,600,000Rs. 650,000 + 40% of the amount exceeding Rs. 3,200,000
Above Rs. 5,600,000Rs. 1,610,000 + 45% of the amount exceeding Rs. 5,600,000

Important Legal Boundary

This is an income-based reference estimate, not a filing determination. Confirm the operative Act, gazette notification, assessment year, land-based liability, and Board of Revenue position before relying on the result.

Source: Punjab Agricultural Income Tax Act, 1997 — Punjab Digital Library.