Tips to save IPO listing gains tax!

In the years 2023 and 2024, many IPOs brought huge earnings for the investors. But tax also has to be paid on this! What is the tax rule on booking listing gains from IPO? How can tax liability on listing gains be reduced? How will the tax be calculated on selling IPO shares?

Banks are offering more and more in their savings accounts to win over more customers (Representative Image)

Banks will remain closed on nine days in June, which includes second and fourth Saturdays of the month and Sundays.

Banks across Mizoram’s Aizawl and Odisha’s Bhubaneswar will observe a holiday on June 15 on account of YMA Day and Raja Sankranti. On June 25, banks in Jammu and Srinagar will remain shut to observe Guru Hargobind Ji’s birthday while banks in Aizawl will remain closed on June 30 on account of Remna Ni.

Bank holidays vary from state to state and only gazetted holidays are observed by banks all over the country.

Here’s a list of the bank holidays in June this year:

June 6 — Sunday

June 12 —Second Saturday

June 13 —Sunday

June 15 — YMA Day/Raja Sankranti

June 20 — Sunday

June 25
— Guru Hargobind Ji’s birthday

June 26 — Fourth Saturday

June 27 — Sunday

June 30 — Remna Ni

Published: May 31, 2021, 20:37 IST
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