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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]
The Karachi Nuclear Power Plant (or KANUPP) is a large commercial nuclear power plant located at the Paradise Point in Karachi, Sindh, Pakistan. [5] Officially known as Karachi Nuclear Power Complex, [5] the power generation site is composed of three commercial nuclear power plants. [6] The K-1 commenced its criticality operations in 1971 ...
The Quota system in Pakistan was established to give every region of the country representation in institutions according to their population. [1] The Quota System was first introduced in Pakistan in 1948 [2][3][4] The Civil Service of Pakistan selects only 7.5% of the applicants by merit, education, qualification and experience.
Aga Khan University's Karachi campus. The Aga Khan University is an international university, operating on campuses in Central and South Asia, the African Great Lakes, Europe and the Middle East. In Pakistan, the university is an 84-acre campus including a hospital with two on-campus male and female hostels with a capacity of 300 each.
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 .
Overview. Begun in 1995 under the vision of its founder Pakistani Ex-Prime Minister Benazir Bhutto and led by Dr. Javaid Laghari as its first president and project director, SZABIST is honored and named in remembrance of Shaheed Zulfiqar Ali Bhutto. [5] Financial endowment and research funding are coordinated by the leadership of the Pakistan ...
The population of returning expatriates from the Americas, who tend to have excellent credentials, has increased significantly due to new job opportunities in Pakistan. [66] Many from North America are found in the major cities of Pakistan, mainly, Karachi , Lahore , Rawalpindi / Islamabad , Faisalabad , and Peshawar .