The decision to levy wealth tax on farmers whose land falls with in 8-km of municipal limits will deal a severe blow to them, he said.
Farmers in Punjab are already reeling under a debt of Rs 33,000 crore, Majithia told a public meeting here.
The SAD-BJP will hold state-wide protests on May two against the decision to impose the wealth tax on farmers, he said.
The party workers will stage sit-ins in front of the offices of the Deputy Comissioner, the minister said.
"We will launch a do or die battle on the matter," Majithia said.