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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 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 ...
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 ]
A bankable feasibility study for the Thar Coal Mines Rail connectivity with the National Railways Network was carried out between July 2019 and March 2020. The primary objective of this study was to comprehensively assess the potential for extending rail links strategically and to provide recommendations for the effective implementation of the project.
In 1858, several railway companies began laying track and operating in what is today Pakistan. The present Pakistan Railways network was originally built as a patchwork of local rail links operated by small private railway companies. These included the Scinde Railway, Punjab Railway, Delhi Railway and Indus Steam Flotilla companies.
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.
Pakistan transport network. Transport in Pakistan (Urdu: پاکِستان میں نقل و حمل) is extensive and varied. In recent years, new national highways have been built, with the addition of motorways which have improved trade and logistics within the country. Pakistan's rail network is also undergoing expansion in recent years.