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Taxation in Pakistan has evolved since the country’s independence in 1947, largely based on the British colonial tax system. Initially, Pakistan inherited the tax structures and administrative mechanisms of British rule, which included a comprehensive framework for indirect taxation. Over the years, however, Pakistan has modified and adapted ...
The budget included funding for a number of development initiatives to increase the nation's economic growth rate. The original outlays for the PDSP being estimated at Rs. 2.66 trillion for the development programme, which included a Rs 950 billion federal Public Sector Development Programme (PSDP), that was approved by the Annual Plan Coordination Committee (APCC). [5]
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
Under the GMs, the organization of Pakistan Western Railways was based on a divisional system, while that of Pakistan Eastern Railways was based on a departmental system. However, it later transpired that the departmental system held an inherent weakness as traffic and operational movements increased on the Eastern Railway and decision-making ...
Pakistan Railways [a] is the state-owned railway operator in Pakistan.Founded in 1861 as the North Western State Railway and headquartered in Lahore, it owns 7,789 kilometres (4,840 miles) of operational track across Pakistan, stretching from Peshawar to Karachi, offering both freight and passenger services, covering 482 operational stations across Pakistan.
The entity responsible for spearheading the development of this project is the Pakistan Railway Freight Transportation Company (PRFTC). The key focus of this company is to manage the transportation of freight, with a specific emphasis on coal, by rail from the port area in Karachi to destinations up-country.
The Akbar Express (Urdu: اکبر ایکسپریس, Balochi: اکبر ایکسپریس) is a passenger train operated daily by Pakistan Railways between Quetta and Lahore.The trip takes approximately 23 hours and 30 minutes to cover a published distance of 1,225 kilometres (761 mi), traveling along the Rohri–Chaman Railway Line, Karachi–Peshawar Railway Line, Khanewal–Wazirabad Branch ...
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