History of Islamabad their way to invade the Indian Subcontinent. A Buddhist town once existed in the region and remains of a stupa have been identified in the G-12 sector. Modern Islamabad also incorporates the old settlement of Saidpur. The British took control of the region from the Sikhs in 1849 and built Asia's largest cantonment in the region in Rawalpindi. When Pakistan gained independence in 1947, Karachi was its first capital. In 1960, Islamabad was constructed as a forward capital. It is considered by some as one of the most extensively and successfully planned cities in South Asia. History of Islamabad The
Economy of Islamabad Economy of Islamabad Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP. The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange. The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares. As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20%