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Help me Regarding Stamp Duty Charges

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Old 11th March 2007, 08:10 PM
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Default Help me Regarding Stamp Duty Charges

Hello Traderji,

I was using ICICI DIRECT From Last year but there Brokerage on intraday & delivery based was too high( .05% on Intraday & .75% + taxes on Delivery Based). Also it doesn't suit me bcs i am a day trader. So i shifted to 5PAISA Committment A/c of Rs. 8000/-year. Since opening of My A/c they are charging .02% on intraday & .15% on delivery based trading as discussed with them. Everything was going ok. But Since Starting of This Month March 2007 They Started Charging me About i Don't know exact % but about .25% of Total Sell Value of Shares as Stamp Duty Charges. So i wan't to ask Everybody what is this Stamp Duty Charge. Is there Any Change happened in This Month Regarding Stamp Duty Charge. And Any Member here using 5Paisa Trading Software that only me or they are also facing the same Problem.

And One Thing I also Want to Know From Members here what can one do if Brokers do Wrong Thing Like this. Where we can complain about this.

Please help Me.

Sameer
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