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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.
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]
Custom House, Karachi It has given the PCS officers a break to focus on their core function of guarding the nation's borders against smuggling , illegitimate trade, and money laundering . The role of Pakistan Customs Service has been enhanced as a law enforcement agency with focus on border control .
241,499,431 ( 13.3%) Most populous province. Punjab (127,681,655) The 2023 Census of Pakistan was the detailed enumeration of the Pakistani population and the seventh national census in the country. [1][2][3] It was conducted by the Pakistan Bureau of Statistics. [4] It was also the first ever digital census to be held in Pakistan, including ...
Founded on 18 September 1947, Karachi Stock Exchange Limited (KSE) was registered in Pakistan. It was located at the Stock Exchange Building (SEB) on Stock Exchange Road, in the heart of Karachi 's business district off I. I. Chundrigar Road (then known as McLeod Rd). [10] Since its establishment, the number of members at the KSE had been ...
Karachi Breeze is a 112.9 km (70.2 mi) network of bus rapid transit routes under construction in Karachi, Pakistan. Construction began in 2013, [2][3][4] two lines are operational and two lines are under construction as of September 2022, [5] with 2 more planned. The current ridership of the first line is 55,000 passengers per day, with a total ...
Pakistan Steel Mills is the current largest industrial corporation undertaking having a production capacity of 1.1—5.0 million tonnes [2] of steel and iron foundries. Built with the contributions of the Soviet Union in the 1970s, it is the largest industrial mega corporation complex, [3] vastly expanded in an enormous dimensions construction inputs, involving the use of 1.29Mn cubic meters ...
Demographics of Karachi. Trend of population growth (in millions) in Karachi. Karachi is the largest and most populous city in Pakistan. The population of Karachi is estimated to be around 16 million (16,093,786) in 2020. [1] The population and demographic distribution in the megacity has undergone numerous changes over the past 150 years.
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