The village is notable for being the location of what is now known as the Bakhshali manuscript; this is an ancient mathematical work written on birch bark and is the oldest surviving document in South Asia of Indian mathematics. It was discovered in 1881 during British rule by a tenant of Mian Un-Wan-Udin, a police inspector; the manuscript was discovered while the tenant was digging in an abandoned building.  The village also lends its name to the Bakhshali approximation which is a method of finding an approximation to a square root that was described in the manuscript. Famous politician and former provincial minister Ameer Zada Khan of National Awami Party (NAP) is from Bakhshali. Renowned educationist and columnist Mian Un-Wan-Udin Kakakhel is also from Bakhshali.famous journalist Syed Fakhar Kakakhel also hails from Bakhshali. Bakhshali remains always as a centre of provincial assembly seat pk 30. but unfortunately after the death of Ameer Zada Khan this seat is never won by residents of Bakhshali, but always won by outsiders. Current population of Bakhshali is more than 50,000.