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Different Aspects of
Pakistan Economy In
2012
Presented By:
Asad Jamal & Saad Iqbal
BBA-2
Topics For Discussion
1. Agriculture
2. Education
3. Inflation
4. Tax Expenditure
Agriculture
Introduction:
• It currently contributes 21 percent to GDP.
• 60 % of labor force is depend on agriculture.
• It has a vital role in ensuring food security.
Agriculture
Major Crops of Pakistan:
Cotton:
It contributes to the national economy by providing raw
material to the local textile industry, such as cotton lint as
an export item.
Agriculture
• Sugarcane:
Its share in value added in agriculture in GDP is 3.7 and 0.8
percent, respectively.
Agriculture
• Rice:
Rice accounts 4.9 percent of the value added in
agriculture and 1.0 percent of GDP.
Agriculture
• Wheat:
It contributes 12.5 percent to the value added in
agriculture and 2.6 in GDP.
Education
Introduction
• Government policy in the last few years has been
to improve the level and quality of education in
Pakistan.
• Especially at the primary level because that level
forms the core of the literate population.
Education
Educational Institutions and
Enrolment:
• Pre-Primary Education
• Middle Education (Classes VI-VIII)
• Secondary Education (Classes IX-X)
• Higher Secondary / Inter Colleges (Classes XI-XI)
• Degree Colleges Education (Classes XIII-XIV)
• Universities Education (Classes XV onwards)
Tax
What Is Tax?
• A fee Charged by a government on
a Product, Income, or Activity.
• A fee Charged by a government for their
personal use
Tax
• Direct Tax
A tax Charged by the government directly on
the Income or Property of individuals or businesses.
• Indirect Tax
If tax is levied on the price of a good or service,
then it is called an indirect tax.
Tax
Tax Rate In Pakistan
• Income Tax Rate
Tax rates for the salaried class in Pakistan are 0.5% to
20%.
• Sales Tax
The standard rate of Sales Tax in Pakistan is 16%
• Corporate tax:
Pakistan corporate tax rate is 35% of net taxable income
of a company.
Inflation
What is Inflation?
• Inflation means there is an increase in the
cost of living.
• Inflation means Politician becomes more
richer and people become poor
Inflation
Causes of Inflation In Pakistan:
• Increase In Demand:
a) Increase in Money Supply
b) Increase in Velocity of Money
c) Non-productive Expenditures
d) Corruption & Black Money
e) Deficit Financing
f) Foreign Remittances
g) Foreign Aids
h) Consumption Trends
Inflation
Causes of Inflation In Pakistan:
• Decrease In Supply
a) Slow Agricultural Development
b) Slow Industrial Growth
c) Increase In Wages & Salaries
d) Indirect Taxes
e) Devaluation
Inflation
How To Control Inflation:
• To reduce our Government Luxury Expenses both Federal
and Provincial.
• To recess the complete system of Direct and Indirect
Taxes.
• To increase the Production of Food, Industry and Service
things
Different aspects of pakistan economy in 2012

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Different aspects of pakistan economy in 2012

  • 1. Different Aspects of Pakistan Economy In 2012 Presented By: Asad Jamal & Saad Iqbal BBA-2
  • 2. Topics For Discussion 1. Agriculture 2. Education 3. Inflation 4. Tax Expenditure
  • 3. Agriculture Introduction: • It currently contributes 21 percent to GDP. • 60 % of labor force is depend on agriculture. • It has a vital role in ensuring food security.
  • 4. Agriculture Major Crops of Pakistan: Cotton: It contributes to the national economy by providing raw material to the local textile industry, such as cotton lint as an export item.
  • 5. Agriculture • Sugarcane: Its share in value added in agriculture in GDP is 3.7 and 0.8 percent, respectively.
  • 6. Agriculture • Rice: Rice accounts 4.9 percent of the value added in agriculture and 1.0 percent of GDP.
  • 7. Agriculture • Wheat: It contributes 12.5 percent to the value added in agriculture and 2.6 in GDP.
  • 8. Education Introduction • Government policy in the last few years has been to improve the level and quality of education in Pakistan. • Especially at the primary level because that level forms the core of the literate population.
  • 9. Education Educational Institutions and Enrolment: • Pre-Primary Education • Middle Education (Classes VI-VIII) • Secondary Education (Classes IX-X) • Higher Secondary / Inter Colleges (Classes XI-XI) • Degree Colleges Education (Classes XIII-XIV) • Universities Education (Classes XV onwards)
  • 10. Tax What Is Tax? • A fee Charged by a government on a Product, Income, or Activity. • A fee Charged by a government for their personal use
  • 11. Tax • Direct Tax A tax Charged by the government directly on the Income or Property of individuals or businesses. • Indirect Tax If tax is levied on the price of a good or service, then it is called an indirect tax.
  • 12. Tax Tax Rate In Pakistan • Income Tax Rate Tax rates for the salaried class in Pakistan are 0.5% to 20%. • Sales Tax The standard rate of Sales Tax in Pakistan is 16% • Corporate tax: Pakistan corporate tax rate is 35% of net taxable income of a company.
  • 13.
  • 14. Inflation What is Inflation? • Inflation means there is an increase in the cost of living. • Inflation means Politician becomes more richer and people become poor
  • 15. Inflation Causes of Inflation In Pakistan: • Increase In Demand: a) Increase in Money Supply b) Increase in Velocity of Money c) Non-productive Expenditures d) Corruption & Black Money e) Deficit Financing f) Foreign Remittances g) Foreign Aids h) Consumption Trends
  • 16. Inflation Causes of Inflation In Pakistan: • Decrease In Supply a) Slow Agricultural Development b) Slow Industrial Growth c) Increase In Wages & Salaries d) Indirect Taxes e) Devaluation
  • 17. Inflation How To Control Inflation: • To reduce our Government Luxury Expenses both Federal and Provincial. • To recess the complete system of Direct and Indirect Taxes. • To increase the Production of Food, Industry and Service things