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The high defense spending has sparked debates about its impact on Pakistan’s socio-economic growth. [3] Critics argue that the military budget takes a significant portion of the federal budget and results in economic inequality in Pakistan. [9] [10] [11] The transparency of Pakistan's military expenditure has been criticized.
A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization and EBIT), and then determines the optimal use of debt versus equity (equity value).
Despite its pro-military bias, the book remains interesting and provides much material for academic debate." [ 1 ] The Journal of Military History wrote that Crossed Swords "is a detailed and fascinating account of the army, in peace and in wartime, through the lens of one not actually part of the organisation, yet possessed of a thorough ...
A company's earnings before interest, taxes, depreciation, and amortization (commonly abbreviated EBITDA, [1] pronounced / ˈ iː b ɪ t d ɑː,-b ə-, ˈ ɛ-/ [2]) is a measure of a company's profitability of the operating business only, thus before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.
Federal income taxes are administered by the Federal Board of Revenue. The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Income Tax: This tax is levied on the income of individuals, associations of persons (AOPs), and corporations. For instance, individuals earning less than PKR 600,000 annually ...
Overall, Pakistan has maintained a fairly healthy and functional economy in the face of several wars, changing demographics, and transfers of power between civilian and military regimes, growing at an impressive rate of 6 percent per annum in the first four decades of its existence.
The Pakistan Army had to be continually sent to secure the country's western borders. Afghan–Pakistan relations were to reach their lowest points in 1955 when diplomatic relations were severed with the ransacking of Pakistan's embassy in Kabul and again in 1961 when the Pakistan Army had to repel a major Afghan incursion in Bajaur region. [11]
The insurgency in Khyber Pakhtunkhwa, also known as the War in North-West Pakistan or Pakistan's war on terror, is an ongoing armed conflict involving Pakistan and Islamist militant groups, and elements of organized crime. [2] [3] Beginning of war Order of Battle. First Phase:-(2004 – 2017)