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?
Xiaomi, the top-selling smartphone brand in India, launched the Redmi Note 10S and the Redmi Watch in India. Xiaomi has equipped the Note 10S with the MediaTek Helio G95 SoC and a quad rear camera setup, while the Redmi Watch comes with a 1.4-inch display and weighs just 35 grams.
The Redmi Note 10S has been launched in two storage variants, 6GB RAM with 64GB memory priced at Rs 14,999, and 6GB RAM with 128GB has been priced at Rs 15,999. The phone will be available from May 18 on Amazon, Mi.com, Mi Home stores, and retail stores.
The Redmi Watch, on the other hand, has been introduced at Rs 3,999 with a 1.4-inch display. The watch case has been introduced in Blue, Black, and Ivory colors, while the straps are available in an Olive shade as well. It will be available from May 25 through Flipkart, Mi.com, and Mi Home stores.
Features of Redmi Note 10S:
The Redmi Note 10S has a 6.43-inch full HD+ Super AMOLED display with a 180Hz touch sampling rate and Gorilla Glass protection on top. It is powered by the MediaTek Helio G95 processor.
It has a 64-megapixel quad-camera setup featuring an 8-megapixel ultra-wide-angle lens, a 2-megapixel macro sensor, and a 2-megapixel depth sensor. For selfies, the smartphone has a 13-megapixel punch-hole camera upfront.
The smartphone has a 5,000mAh battery that supports 33W fast charging. It is IP53 dust-resistant and water-resistant. It has a dual sim option that allows nano sims. Other connectivity options include 4G, Wi-Fi, GPS, Bluetooth, IR Blaster, NFC, 3.5mm headphone jack, and a USB Type-C port. The smartphone will be available in three color models: Deep Sea Blue, Frost White and Shadow Black.
Features of the Redmi Watch
Redmi Watch has a 1.4-inch TFT LCD display with 320×320 pixels resolution. It has 2.5D curved glass on top and a single button on the right side. It has GPS and GLONASS for precise tracking and Bluetooth v5.1 for connectivity. Redmi Watch can last up to 10 days on a single charge and it gets completely charged in 2 hours.
The smartwatch features 11 professional sports modes such as cricket, walking, cycling, trekking, outdoor running, treadmill, pool swimming, freestyle, etc., which automatically keep track of activity in real-time.