Hi, I am new to trading. I have few queries.
1. I did cash buy and cash sell of one TCS stock on the same day. The brokerage+ST+stamp duty etc. was charged 27/- for buying and almost nothing for selling transaction(0.03). When I did Cash buy on one day and cash sell of the same stock on some other day, selling transaction too was charged around 30/- as brokerage+other charges. Why is it so?
2. In margin trading, do they charge service tax too? I heard margin trading is for day and that we just trade on pure market price and other taxes are zero?
3. How to minimize the brokerage+ST+SD. Even when I made profit, all of it is going into ICICI service charges. How can I benefit from day trading?
I hope for answers. Thank you in advance.
1. I did cash buy and cash sell of one TCS stock on the same day. The brokerage+ST+stamp duty etc. was charged 27/- for buying and almost nothing for selling transaction(0.03). When I did Cash buy on one day and cash sell of the same stock on some other day, selling transaction too was charged around 30/- as brokerage+other charges. Why is it so?
2. In margin trading, do they charge service tax too? I heard margin trading is for day and that we just trade on pure market price and other taxes are zero?
3. How to minimize the brokerage+ST+SD. Even when I made profit, all of it is going into ICICI service charges. How can I benefit from day trading?
I hope for answers. Thank you in advance.