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Indiabulls Brokerage Calculations

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  #1  
Old 10th February 2008, 04:03 PM
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Exclamation Indiabulls Brokerage Calculations

Hello

I have Indiabulls trading A/c.

Please help me and tell me how to calculate the deduction components in contract note in total.

I get digital contract note where I want to know how calculation exist. Please tell me % of each and base amount on which calculated

1. Brokerage (.50 paisa for Delivery / Intraday 1 Paisa)
2. Service Tax
3. Securities Transaction Tax
4. Total Stamp Duty
5. Total Transaction Charges

Please tell me what is formula to calculate this values

Thank You
Venkat
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  #2  
Old 10th February 2008, 08:03 PM
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Default Re: Indiabulls Brokerage Calculations

You can try an excel sheet of mine (I posted it here options-trading). You would need to change the Quantity, Brokerage, Buy and Sell prices of course to get the correct result.
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Old 8th May 2008, 11:49 AM
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Default Re: Indiabulls Brokerage Calculations

Hello Skarpio even i would like to know everything about contract note. I cant understand anything in that document. I wouldnt find anything in the link u mentioned above. Can u please be more specific? Thanks.
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Old 8th May 2008, 08:44 PM
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Default Re: Indiabulls Brokerage Calculations

That sheet is not a contract note. That was created to quickly compute the net profit (after deducting brokerages etc). A contract note is a legal document your broker provides you after every buy/sell with every detail (e.g. how much money changed hands, how much tax you had to pay etc.)
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