🇮🇳 India · FY 2025-26

Punjab PT ₹200/mo HRA40%

Punjab Take-Home & Professional Tax.

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Quick context

Punjab levies Professional Tax of ₹200/month (~₹2400/year) on income above the slab threshold. Punjab cities qualify for 40% HRA exemption (tier-2 status under Section 10(13A)). Use the calculator below to compare Old vs New regime for your salary.

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India Income Tax Calculator, Punjab

FY 2025-26

Annual Gross Income

₹

₹15.00 L per year

Age Group

Professional Tax (Punjab)

₹200/mo · ₹2400/yr

Old Regime deductions (only used if Old Regime is selected)+ Toggle

Section 80C (max ₹1.5L)

Section 80D Medical (max ₹1L)

HRA Exemption (yearly)

Home Loan Interest 24(b) (max ₹2L)

NPS Extra 80CCD(1B) (max ₹50K)

Old Regime

₹1,30,291

Taxable: ₹10.43 L

Deductions: ₹4.57 L

✓ Better

New Regime (default)

₹97,126

Taxable: ₹14.23 L

Deductions: ₹77,400 (auto)

💡 Recommendation

The New Regime saves you ₹33,165 in tax this year. New regime wins. You don't have enough deductions to beat the default lower slabs.

✨ Live · FY 2025-26 (AY 2026-27) slabs · Includes 4% cess and surcharge · Not legal/tax advice. Consult a CA for filings.

About Punjab

Punjab economic profile.

Capital

Chandigarh

Avg Mid-Career Salary

₹10.0L

per year

Cost of Living

vs Mumbai = 100

Market overview

Punjab's economy is heavily agrarian (wheat-rice belt) but with significant industrial pockets: Mohali for IT/Pharma, Ludhiana for textiles and bicycles, Jalandhar for sports goods. Chandigarh (a Union Territory) functions as the joint capital with Haryana and hosts much of Punjab's administrative employment.

Top industries

AgricultureFood ProcessingTextilesSports Goods (Jalandhar)IT (Mohali)

Punjab-specific tax notes

Punjab introduced Professional Tax in 2018, late compared to most southern states. PT cap is ₹2,500/year. Chandigarh (UT) does not levy PT. Many Punjab residents who work in Chandigarh save the ₹2,500/year. All Punjab cities are HRA tier-2.

Professional Tax slab

Punjab PT: ₹200/mo for income above ₹20,833/mo. Maximum ₹2,500/year. State implemented PT only in 2018.

❓ Punjab FAQ

Common questions.

I live in Punjab but work in Chandigarh: what about Professional Tax?

Chandigarh is a Union Territory and does NOT levy Professional Tax. If your employer is registered in Chandigarh, you pay no PT, even if you live in Mohali (Punjab) or Panchkula (Haryana). This is a quiet ₹2,500/year savings for many Tricity-area workers. Your employer's state of registration determines PT, not your residence.

How does Punjab's late PT implementation affect existing employees?

Punjab implemented PT only in 2018 (very late by Indian standards). Pre-2018 Punjab employees suddenly had a new ₹2,500/year tax liability. Some employers absorbed this; others passed it through. Current Punjab employees should verify with their payroll that PT is being deducted correctly (it's tax-deductible against income tax).

Are Punjab agricultural earnings tax-exempt?

Agricultural income is exempt from Indian central income tax (Article 270, Constitution). However, agricultural income is "aggregated" for rate purposes, meaning a farmer with ₹5L agricultural and ₹5L salary income is taxed on the ₹5L salary at the slab rate applicable to ₹10L total. Most middle-class Punjab agricultural families face this dynamic.

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