Charges

Charges explained

Securities/Commodities transaction tax

Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.

STT/CTT can be a lot more than the brokerage . Important to keep a tab.

Transaction/Turnover Charges

Charged by exchanges (NSE, BSE, MCX,NCDEX) on the value of your transactions.

These charges include Clearing charges as mentioned in the table

BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)

BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.

Stamp charges

Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.

GST

Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)

SEBI Charges

Charged at ₹10 per crore by Securities and Exchange Board of India for regulating the markets.

DP (Depository participant) charges

₹15 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (VCSL).

Off-market transfer charges

₹25 or 0.03% of the transfer value (whichever is higher).

Payment gateway charges

₹12 + GST