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Courier companies hike delivery charges in face of new taxes

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ISLAMABAD – In a shocking development, several major courier companies have issued a notification to all customers, including registered E-commerce companies and online traders, that due to the government of Pakistan’s having imposed additional taxes, from July 2025 onward.

From July onwards, courier companies will start deducting 2 percent withholding tax and 2 percent sales tax on every delivery item, regardless of Cash on Delivery (COD) and deposit. The additional charges added are according to the instructions issued by the Government under the Finance Bill.

The Courier operators urged their sellers to get themselves registered with the relevant tax authority to avail delivery services under the new regulatory requirements. Under these new regulations, all sellers are required to register for sales and income tax on goods ordered digitally. The courier companies will not be authorized to process the delivery without the required registration.

Furthermore, the E-commerce trend in Pakistan has helped the overall growth of over 2,000 courier companies operate across the country as their businesses were improved, the courier operators who witnessed such improvements include TCS, Leopards, Pakistan Post, SpeedeX, FedEx, DHL, M&P, BlueEx, Call Courier, Trax, DCS, APX, SWYFT.

In the upcoming budget, the FBR has assigned courier services as collection agents because they possess the seller’s invoice. These companies will deduct taxes from E-commerce sellers and remit them to the tax authorities. Shoaib Bhatti, President of the Pakistan E-commerce Association—Karachi Chapter, stated that the new taxes on E-commerce companies, online businesses, and their logistics partners will severely hinder the growth of this emerging sector, negatively impacting all stakeholders involved.

He predicts that major e-commerce companies and marketplaces may be able to absorb some of the incremental costs within their operations. In contrast, small and medium-sized sellers are likely to pass on the effects of new taxation to their customers in order to remain competitive in the market.

In plight of increasing taxes on petroleum products and additional utility charges, mainly on electricity, gas, and internet, have squeezed the profit margins of online businesses in Pakistan, he further stated. Shoaib Bhatti pointed out that the charges might be passed on to customers on domestic and intracity orders through online marketplaces.

According to reports coming from the SBP, as many as 8,000 E-commerce merchants have now registered themselves with the banking system. FBR officials further clarified that one-time sellers and women selling goods will be excluded from the required registration process under the new e-commerce tax rules.

Business

TECNO announces up to 14pc discount on CAMON 50 series

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LAHORE: TECNO has announced a limited-time Brand Day campaign on Daraz, offering discounts of up to 14 per cent on selected smartphones, including its flagship-inspired CAMON 50 Series.

The campaign is available exclusively through TECNO’s official store on Daraz and aims to provide customers with authentic smartphones at reduced prices while offering secure online shopping, official warranty coverage and nationwide delivery. The CAMON 50 Series is the centrepiece of the promotion, targeting consumers looking for premium smartphone features at a more affordable price.

Read more: Today’s currency exchange rates in Pakistan – July 15, 2026

Notable features of TECNO CAMON 50 Pro

Among the featured devices, the TECNO CAMON 50 Pro comes with a curved AMOLED display, a slim design and a 50-megapixel Sony camera sensor. The smartphone also includes artificial intelligence-powered photography tools, Super Zoom and intelligent image enhancement features designed to improve portraits, landscape photography and low-light images.

TECNO said the CAMON 50 Series combines AI-powered imaging with practical tools for content creation, allowing users to produce enhanced photos and videos with minimal effort. The company added that purchases made through its official
Daraz store include genuine products backed by official warranty and after-sales services.

Read more: Aitchison-Level Schools coming to Punjab under new plan

How you can take advantage of Brand Day campaign

The Brand Day campaign offers discounts of up to 14pc for a limited time, encouraging customers planning to upgrade their smartphones to take advantage of the promotion before it ends. The offer covers the CAMON 50 Series as well as other selected TECNO smartphones available through the company’s official Daraz storefront.

Category Details
Campaign TECNO Brand Day
Platform Daraz Pakistan
Discount Up to 14% Off
Main Series TECNO CAMON 50 Series
Featured Model TECNO CAMON 50 Pro
Display Premium Curved AMOLED
Camera 50MP Sony Imaging Sensor
AI Features AI Photography, Super Zoom, Intelligent Image Enhancement
Shopping Benefits Official Warranty, Genuine Products, Nationwide Delivery
Availability Limited-Time Offer

Key points:

  • TECNO has launched a limited-time Brand Day campaign on Daraz.
  • Customers can receive up to 14pc discounts on selected TECNO smartphones.
  • The CAMON 50 Series is the flagship highlight of the promotion.
  • The CAMON 50 Pro features a curved AMOLED display and a 50MP Sony camera sensor with AI photography.
  • The offer is available exclusively through TECNO’s official Daraz store.
  • Buyers will receive genuine devices backed by an official warranty and after-sales support.
  • The promotion is available for a limited period.

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Gold

Today’s gold rates in Pakistan – July 15, 2026

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KARACHI – On July 15, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 428,000 after a rise of Rs 1000, while the rate for 10 grams was Rs 366,090.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 428,000 PKR 3,830
Lahore PKR 428,050 PKR 3,830
Islamabad PKR 428,100 PKR 3,830
Peshawar PKR 428,150 PKR 3,830
Quetta PKR 428,200 PKR 3,830
Sialkot PKR 428,000 PKR 3,830
Hyderabad PKR 428,000 PKR 3,830
Faisalabad PKR 428,000 PKR 3,830
Multan PKR 428,000 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

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Forex

Today’s currency exchange rates in Pakistan – July 15, 2026

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KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on July 15, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.05.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency Symbol Buying Selling Charts
🇦🇺 Australian Dollar AUD 193.33 196.25 📊
🇧🇭 Bahrain Dinar BHD 740.56 750.85 📊
🇨🇦 Canadian Dollar CAD 197.33 201.45 📊
🇨🇳 China Yuan CNY 38 38.75 📊
🇩🇰 Danish Krone DKK 42.56 43.25 📊
🇪🇺 Euro EUR 319.1 323.2 📊
🇭🇰 Hong Kong Dollar HKD 35.22 36.23 📊
🇮🇳 Indian Rupee INR 2.8 3.15 📊
🇯🇵 Japanese Yen JPY 1.71 1.81 📊
🇰🇼 Kuwaiti Dinar KWD 889.48 899.95 📊
🇲🇾 Malaysian Ringgit MYR 67.15 67.95 📊
🇳🇿 NewZealand $ NZD 159 160.75 📊
🇳🇴 Norwegians Krone NOK 27.99 28.29 📊
🇴🇲 Omani Riyal OMR 725.35 735.6 📊
🇶🇦 Qatari Riyal QAR 75.34 76.4 📊
🇸🇦 Saudi Riyal SAR 74.65 75.2 📊
🇸🇬 Singapore Dollar SGD 214.18 217.95 📊
🇸🇪 Swedish Korona SEK 28.25 28.9 📊
🇨🇭 Swiss Franc CHF 343.59 348.25 📊
🇹🇭 Thai Bhat THB 8.55 8.8 📊
🇦🇪 U.A.E Dirham AED 76.25 76.8 📊
🇬🇧 UK Pound Sterling GBP 374.63 377.15 📊
🇺🇸 US Dollar USD 279.25 279.8 📊

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