Statutory charges in stock market

Statutory charges in stock market

Author: AllSubmitterBAZA On: 17.06.2017

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One of the most pertinent question you should ask yourself is - What is your trading cost?

What are my Statutory Rights?

Simple question, but not so simple answer. Wait, have you considered all the charges you are paying for executing trades on stock exchange.

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Quite often you recall and consider only your brokerage cost. But there are so many other charges which are levied on Stock exchange transactions apart from brokerage.

Take Check out the contract note and examine. You will see the following charges in addition to Brokerage charges — Securities Transaction Tax STT , Stamp Duty and Other Charges.

GNW Stock Price - Genworth Financial Inc. Cl A Stock Quote (U.S.: NYSE) - MarketWatch

Then there is also Service Tax which is levied on all the charges except STT. More often than not, when you are taking close intra-day trading calls, where the margins are wafer thin, you should have complete grasp of what your costs are going to be for a particular trade.

These additional cost can become the difference between a winning trade and losing trade. Please see below detailed information on statutory charges on stock exchange transactions, other than Brokerage charges. Securities Transaction Tax STT Equity Delivery Transactions Purchase: NIL at the time of purchase of option. However the purchaser has to pay 0.

statutory charges in stock market

NIL Equity Intra-day Transactions Purchase: NIL Future Transactions Purchase: Turnover usually taken in multiple of Rs Sell: Turnover usually taken in multiple of Rs Equity Intra-day Transactions Purchase: Turnover usually taken in multiple of Rs Future Transactions Purchase: Turnover usually taken in multiple of Rs Option Transactions Purchase: Note Service Tax, Surcharge and Education Cess are not applicable on Securities Transaction Tax STT.

Last edited by rajputz; 7th January at Sorry your browser does not support IFRAME. The Following 89 Users Say Thank You to rajputz For This Useful Post: Looking for a share broker? Select State Andaman and Nicobar Islands Andhra Pradesh Arunachal Pradesh Assam Bihar Chhattisgarh Dadra and Nagar Haveli Daman and Diu Delhi Goa Gujarat Haryana Himachal Pradesh Jammu and Kashmir Jharkhand Karnataka Kerala Lakshadweep Madhya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Odisha Puducherry Punjab Rajasthan Sikkim Tamil Nadu Telangana Tripura Uttarakhand Uttar Pradesh West Bengal Are you a day trader?

Nice information Buddy which will help people engaged with online trading. The Following 4 Users Say Thank You to mkn For This Useful Post: Thanks for the detailed charges BTW is there a thing called minimum brokerage charges? My geojit charged me 20 rs even though they have stated they charge 0.

Originally Posted by superman.

Actually i started my account with 1 lac The Following User Says Thank You to vasa1 For This Useful Post: Thanks, Rajputz for the very useful info.

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statutory charges in stock market

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Select State Andaman and Nicobar Islands Andhra Pradesh Arunachal Pradesh Assam Bihar Chhattisgarh Dadra and Nagar Haveli Daman and Diu Delhi Goa Gujarat Haryana Himachal Pradesh Jammu and Kashmir Jharkhand Karnataka Kerala Lakshadweep Madhya Pradesh Maharashtra Manipur Meghalaya Mizoram Nagaland Odisha Puducherry Punjab Rajasthan Sikkim Tamil Nadu Telangana Tripura Uttarakhand Uttar Pradesh West Bengal.

Are you a day trader? Charges other than Brokerage for Stock Exchange Transactions Nice information Buddy which will help people engaged with online trading. Charges other than Brokerage for Stock Exchange Transactions Thanks for the detailed charges BTW is there a thing called minimum brokerage charges? Charges other than Brokerage for Stock Exchange Transactions Quote: Originally Posted by superman Thanks for the detailed charges BTW is there a thing called minimum brokerage charges?

Charges other than Brokerage for Stock Exchange Transactions Actually i started my account with 1 lac SEBI Turnover Charges Equity Delivery Transactions Purchase: Charges other than Brokerage for Stock Exchange Transactions Thanks, Rajputz for the very useful info.

statutory charges in stock market

Originally Posted by murthymsr Thanks, Rajputz for the very useful info. You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off Forum Rules.

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