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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 .
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.
Last election. 15 January 2023. Meeting place. City Council Hall. Website. www.kmc.gos.pk. Constitution. Sindh Local Government Act 2013. Karachi Metropolitan Corporation (Urdu: بلدیہَِ عظمیٰ کراچی) is a public corporation and governing body to provide municipal services in most of Karachi, the capital of Sindh.
The Pakistan Stock Exchange (PSX) (Urdu: پاکستان اسٹاک ایکسچینج), founded as Karachi Stock Exchange (KSE), is a stock exchange based in Karachi, Pakistan. [4][5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6]
Intelligence executive. Fuad Asadullah Khan, S.St, T.St, nsc. Director General. The Intelligence Bureau (Urdu: سررشتہِ سراغرسانی) is an intelligence and security agency in Pakistan focused primarily on non-military intelligence. Established in 1947, the IB is Pakistan's oldest intelligence agency. DG IB is usually an officer ...
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