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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.
The cultural history of Karachi goes back at least five thousand years to the emergence of the Indus Valley Civilization in the third millennium BC. The early culture is mostly Neolithic with widespread usage of small cart [clarification needed] implements and semi-precious stones. The many megalithic Arab graves around Karachi gave evidence ...
Hinduism is the second largest religious affiliation in Pakistan after Islam. [3] Though Hinduism was one of the dominant faiths in the region a few centuries ago, [4] [5] [6] Hindus accounted for just 2.17% of Pakistan's population (approx 5.2 million people) in the 2023 Pakistani census. [7] The Umerkot district has the highest percentage of ...
The foremost task before the first Constituent Assembly was the framing the Constitution for the nation. On 7 March 1949, the Objectives Resolution, which now serves as the basic law of Pakistan, was introduced by the first Prime Minister Nawabzada Liaquat Ali Khan, and later adopted by the Constituent Assembly on 12 March 1949.
In the partition, Multan Division and Rawalpindi Division, which were 75.43% and 85.52% Muslim respectively, were entirely given to Pakistan. Each district and each tehsil in both of these divisions had a proportion of Muslims over 50%. [13] [12] Ambala Division was given to India, being only 28.07% Muslim.
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