chandigarh a special session of the punjab assembly will be held on may 3 to discuss the extremely dangerous and critical situation in the wake of the centres decision to impose wealth tax on farmers owning land within 8 km of urban areas at an emergency meeting on last friday the punjab cabinet had rejected the centres decision to levy wealth tax on farmers the meeting chaired by chief minister parkash singh badal passed a resolution urging the centre to immediately withdraw the tax saying the farming community in punjab was already reeling under a burden of debt to the tune of over rs 37000 crore the resolution had requested the governor to convene an emergency session of the assembly on may 3 to discuss the extremely dangerous and critical situation that has arisen out of the centres decision to impose wealth tax on agriculture lands it had noted that the move would deal a blow to the national economy on the whole former chief minister and pcc chief amarinder singh has also strongly protested the imposition of wealth tax on agriculture land an official order today said governor shivraj patil has summoned the assembly to meet here on may 3