The capital gains exemption under Section 54 of the Income-tax Act of 1961 has a stringent three-year lock-in period. The previously claimed exemption is revoked and becomes taxable if the taxpayer sells the newly acquired property within this time. Even after the Income-tax Act, 2025 was introduced and went into force on April 1, 2026, … Read more

Amba Auto Sales & Services’ initial public offering (IPO) started on April 27 to a subdued investor response, with only 10–11% of investors subscribing on the first day. Through a new issuance of 0.48 crore shares, the company hopes to raise ₹65 crore; all revenues would be used for business expansion and operational needs. The … Read more

Oil-importing countries like India are extremely concerned as global oil prices are approaching $110 per barrel. Due to persistent geopolitical tensions and supply concerns related to the Strait of Hormuz, Brent crude, the global benchmark, is already trading above $107. Any protracted disruption in this area has the potential to substantially reduce global supplies and … Read more

One of the largest worldwide energy disruptions in recent years has been brought on by the ongoing conflict surrounding the Strait of Hormuz. Oil supplies through this vital channel, which accounts for around 20% of the world’s supply, have been severely curtailed due to the growing tensions in the US-Iran war. Because of this, the … Read more

Following the breakdown of US-Iran peace negotiations, which effectively shut the Strait of Hormuz for weeks, geopolitical tensions increased and global oil prices skyrocketed. Traffic on this tiny channel, which carries about 20% of the world’s crude oil, has dropped to almost zero, severely disrupting the supply. Benchmark crude prices increased dramatically, with U.S. crude … Read more