The 1934 Palestine Cup (, HaGavia HaEretz-Israeli) was the sixth season of Israeli Football Association's nationwide football cup competition. The defending holders were Maccabi Tel Aviv.
For the second year in a row, Maccabi Tel Aviv and Hapoel Tel Aviv met in the final. This time the winners were Hapoel Tel Aviv, winning their second final.
Bye: Maccabi Nes Tziona