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.
| Annual taxable agricultural income | Reference tax formula |
|---|---|
| Up to Rs. 600,000 | Nil |
| Rs. 600,001–1,200,000 | 15% of the amount exceeding Rs. 600,000 |
| Rs. 1,200,001–1,600,000 | Rs. 90,000 + 20% of the amount exceeding Rs. 1,200,000 |
| Rs. 1,600,001–3,200,000 | Rs. 170,000 + 30% of the amount exceeding Rs. 1,600,000 |
| Rs. 3,200,001–5,600,000 | Rs. 650,000 + 40% of the amount exceeding Rs. 3,200,000 |
| Above Rs. 5,600,000 | Rs. 1,610,000 + 45% of the amount exceeding Rs. 5,600,000 |
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.