CAF-2 · Chapter 14 · Question 6 of 15
Under the restrictions placed on economic transactions for "ineligible persons" (non-filers), they are strictly barred from:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) B) Registering or transferring immovable property having an FBR value/DC rate exceeding Rs. 100 million.
Explanation
An ineligible person is restricted from booking/purchasing motor vehicles exceeding Rs. 7 million, opening securities accounts exceeding Rs. 50 million, making cash withdrawals exceeding Rs. 100 million, and registering/transferring immovable property having an FBR value/DC rate exceeding Rs. 100 million.
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