The study conducted in Karnal district of Haryana revealed that milk production by rearing buffalo was more profitable as compared to that of cow. The gross income (Rs. 22249.52) and net income (Rs.3720.28) per buffalo per annum was significantly higher as compared to (Rs. 17498) and (Rs.2028) per cow per annum respectively. Similar pattern was observed in case of family labour income realized from buffalo and cow. The improved breed of the animals and better feeding might be helpful for increasing income and employment opportunities in the study area.