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Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [37] [38] Karachi collects 35% of Pakistan's tax revenue, [39] and generates approximately 25% of Pakistan's entire GDP.
History of Karachi. The area of Karachi (Urdu: کراچی, Sindhi: ڪراچي) in Sindh, Pakistan has a natural harbor and has been used as fishing port by local fisherman belonging to Sindhi tribes since prehistory. Archaeological excavations have uncovered a period going back to Indus valley civilisation which shows the importance of the port ...
Karachi. Town. Saddar Town. The Empress Market (Urdu: ایمپریس مارکیٹ, Sindhi: ايمپريس مارڪيٽ) is a marketplace situated in the Saddar Town locality of Karachi, Pakistan. The market traces its origins to the British Raj era, when it was first constructed. [1] Today, it is amongst the most popular and busy places for ...
The OLX marketplace is a platform for buying and selling services and goods such as electronics, fashion items, furniture, household goods, cars and bikes. In 2014, the platform reportedly had 11 billion page views, 200 million monthly active users, 25 million listings, and 8.5 million transactions per month.
National capital. Islamabad officially became the capital of Pakistan on 14 August 1967, exactly 20 years after the country's independence. [1] The first capital of Pakistan was the coastal city of Karachi in Sindh, which was selected by Muhammad Ali Jinnah. [1] Karachi was and still is the largest city and economic capital of Pakistan.
The demographic history of Karachi of Sindh, Pakistan.The city of Karachi grew from a small fishing village to a megacity in the last 175 years. The Late Palaeolithic and Mesolithic sites found by Karachi University team on the Mulri Hills, in front of Karachi University Campus, constitute one of the most important archaeological discoveries made in Sindh during the last fifty years.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Karachi South District is the economic backbone of the country. It has the Head Offices of many Corporations, Companies and Banks. The Chief Secretary House, Governor House, Chief Minister House, Commissioner House, Commissioner Office, Sindh Assembly, High Court, Embassies and Consulates of different countries and other government offices are also located there.