The amendment proposed that non-filers would be banned from purchasing shares above a certain limit and opening a bank account.
They will not be able to make transactions through a bank beyond a certain limit.
The bill states that bank accounts of non-registered business persons with the Federal Board of Revenue (FBR) will be frozen and they will be banned from transferring property.
The FBR will also be able to freeze bank accounts and bar property transfer over failure to register with the top collection body for filing sales tax returns. However, their accounts will be unfrozen two days after they register.
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