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More attention was given to private sector industrial development and agricultural industries; the second five-year plans aimed to increase the national income by 20%. The unemployment was tackled with the industrialisation of the country, and overall major industrial development was carried out in West Pakistan while few in East.
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
Below is a summary of the applicable sales tax rates in Pakistan: Sales tax on goods: 18%. Sindh Sales tax on services: 19.5%. Punjab Sales tax on services: 16%. Balouchistan Sales tax on services: 15%. Khyber Pakhtunkhwa (KPK) Sales tax on services: 19.5%. Islamabad Capital Territory (Tax on Services): 16%.
In 2005, Pakistan produced 21,591,400 metric tons of wheat, more than all of Africa (20,304,585 metric tons) and nearly as much as all of South America (24,557,784 metric tons), according to the FAO. The country had harvested more than 25 to 23 million tons of wheat in 2012. Pakistan has also cut the use of dangerous pesticides dramatically.
Tharparkar ( Dhatki / Sindhi: ٿرپارڪر; Urdu: تھرپارکر, Urdu pronunciation: [t̪ʰəɾpɑːɾkəɾ] ), also known as Thar, is a district in Sindh province in Pakistan, headquartered at Mithi. Before Indian independence it was known as the Thar and Parkar (1901–1947) or Eastern Sindh Frontier District (1882–1901).
This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 . Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices.