Calculation Of Brokerage in icici direct

Thanks a lot man... I will check it out...

Is it like, If we buy a share in margin n convert it to delivery then stt will be calculated???

ALSO CAN U PLEASE GIVE ME YOUR MAIL ID SO TAT I CAN SEND MY PORTFOLIO SHEET N U CAN FIGURE OUT THE MISTAKE IN IT....
EMAIL ID: [email protected]

Thanks to every one here who hav guided me... n a special thanks to pakatil...

Finally i have sorted out every thing....

do icicidirect give some offer on some days, for trading with less brokerage??? because on 20th n 24th they hav charged only rs.5(excluding Service Tax n STT) as brokerage for all my transactions...

If tat so, wher could we find those offers in their site????

Can anybody explain the calculation of brokage and other charges in paisabuilder.

I also use icicidirect.com and I've also noticed the discrepancy between the actual rates mentioned and the amounts deducted as per the contract note.

And moreover the amount debited from the account varies from the one mentioned in the contract note. How should I get this rectified?

ICICI Trading Charges
CASH TRADING
BUY
------Number of Shares.....50
------Sell Buy Price..........647
------Total Value............32352
------Brokerage..............313...............STT(40.44) Transaction & SEBI Turnover charges(1.13) Stamp Duty(3.24) Brokerage + Service Tax(267.64)
------Brokerage %..........0.96748269
SELL
------Number of Shares.....50
------Sell Buy Price..........668
------Total Value.............33400
------Brokerage...............323...............STT(41.75) Transaction & SEBI Turnover charges(1.20) Stamp Duty(3.34) Brokerage + Service Tax(276.30)
------Brokerage %...........0.967065868

Total Brokerage = 1.934548559 (2 Rs per 100, 1000 per 1 lakh Rs)

MARGIN (INTRADAY) TRADING
BUY
------Number of Shares.....100
------Sell Buy Price..........698.6
------Total Value............69860
------Brokerage..............43...............STT(0) Transaction & SEBI Turnover charges(2.45) Stamp Duty(1.40) Brokerage + Service Tax(38.53)
------Brokerage %..........0.061551675
SELL
------Number of Shares.....100
------Sell Buy Price..........700
------Total Value.............70000
------Brokerage...............60...............STT(17.50) Transaction & SEBI Turnover charges(2.45) Stamp Duty(1.40) Brokerage + Service Tax(38.61)
------Brokerage %...........0.085714286

Total Brokerage = 0.14726596 (15 Paise per 100 Rs)

http://www.icicidirect.com/brokerage.asp

Pramod

Can someone explain the meaning of BTST and STT

BTST - Buy Today Sell Tomorrow
Not Every Stock you can have as BTST, you need to check the flag on stock in ICICI, You need to buy it in CASH and then next day, go to securities projection and sell it

STT - its a type of charge (Security Transaction Tax) included in your total brokerage charges

please send me the excel sheet to calculate icici direct brokerage