Hi,
If anyone can confirm the below charges then I can make an Excel for all:
Kindly correct if wrong and would be better if explained with some example.
My knowledge in market is of 4 days.
Brokerage= (0.10%Intraday) (0.50%Delivery)
Transaction Charges= 10% Service Tax + Education Cess 2% of Service Tax + Higher Education Cess 1% of Service Tax
Service Tax= 10.30% on (Brokerage+Transaction Charges)
Education Cess= 2% of Service Tax
Higher Education Cess= 1% of Service Tax
Security Transaction Tax= ??? (Advice)
Stam Duty= (0.002%Intraday) (0.01%Delivery)
Turnover Charges= 0.0035% of Value Traded
Mail me at <username>@gmail.com
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Also Found this on yahoo answers: (
http://in.answers.yahoo.com/question/index?qid=20070601224349AAXOmGi)
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Brokerage(Standard) 0.1% of total volOr 5 paisa per share (whichever is higher) 0.5% of total volOr 10 paisa per share (whichever is higher)For sell transaction Rs.16 is min brokerage as DP charges
Service tax 12.24% of total brokerage 12.24% of total brokerage
Securities transactionTax (STT) 0.025% of the total vol traded-only for sell transaction 0.125% of the total vol traded-Both sell/ buy transaction
Stamp duty 0.002% of the total vol 0.01% of the total vol
Turnover tax 0.0035% of the total vol 0.0035% of the total vol
Derivative Segment
For futures
Standard Brokerage 0.1%- 1st leg0.02%- 2nd leg 1st leg 2nd leg
Intraday 0.1% 0.02%
Delivery 0.1% 0.1%
Service tax 12.24% of total brokerage
Stamp duty 0.002% of the total vol
Turnover tax 0.0021% of the total vol
Securities transactionTax (STT) 0.017% of the total vol traded-Only for sell transaction
For Options
Standard Brokerage 0.1%- 1st leg0.02%- 2nd leg 1st leg 2nd leg
Intraday 0.1% 0.02%
Delivery 0.1% 0.1%
Brokerage=strike prize* lot size* brokerage
Service tax 12.24% of total brokerage
Stamp duty 0.002% of the premium
Turnover tax 0.051% of the premium
Securities transactionTax (STT) 0.017% of the premium-Only for sell transaction
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And This on Tadeji: (
http://www.traderji.com/beginners-guide/28445-brokerage-rates-sharekhan.html)
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For Intra-day Trades :-
0.1% on the buy side and 0.1% on the sell side. This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged.
For Delivery Based Trades :-
0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher.
Minimum brokerage of 10 paise per share is applicable when the share price is Rs. 20/- or less and minimum brokerage of Rs. 16/- per scrip will be applicable when the traded price is Rs 3,200/-
NOTE: Minimum brokerage of Rs. 16/- will be applicable only on SELL Delivery Transactions.
For F&O trades :-
0.1% on the first leg
0.02% on the second leg if squared off on the same day and 0.1% if squared off on any other day.
Please note : Brokerage on Options trades will now be charged on the Premium component instead of the Strike Price which was levied earlier. Brokerage will be charged as Rs. 100/- per contract or 2.5% on the premium (which ever is higher) as per the SEBI circular guidelines.
The Transaction Charges are :-
NATURE OF TRANSACTION - RATE OF STT (Charged on Traded Value)
Delivery based transaction in equity - Buyer and seller each to pay 0.125%
Non-delivery based transaction in equity - Seller to pay 0.025%
Derivatives ( Futures ) - Seller to pay 0.017%
Derivatives ( Options ) - 0.017% only on sell side if Squared off. (on premium)
0.125% to be paid by purchaser if Exercised. (on settlement value)
Stamp Duty 0.010% for delivery based trades and 0.002% for intra-day trades.
Stamp Duty - Derivatives (F&O) : 0.002% for Futures on actual price and 0.002% for options on premium.
Service Tax 10.30% on Brokerage + Transaction Charges ( 10% Service Tax + Education Cess 2% of Service Tax + Higher Education Cess 1% of Service Tax )
Turnover Tax 0.0035% of traded value ( cash segment ) and 0.0023% for Futures on actual rate and 0.0513% on premium.
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