types of charges

hello ,

i just wanted to know from all the members of the forum apart from brokerage what other charges are required to be paid to the government for futures /options and cash .

please detail

thanks

sumit bhatia

Other charges are:

STT, Exchange Turnover charge, SEBI turnover charge, Stamp duty & Service Tax.

For Equity Delivery:

STT - 0.1% of Turnover.
Exch. Turnover Charges - 0.0034% of Turnover in BSE & 0.0035% of Turnover in NSE.
SEBI turnover charge - NIL
Stamp Duty - Varies from State to State.
Service Tax - 12.36%

For Equity Intraday:

STT - 0.025% of Turnover on SELL transactions.
Exch. Turnover Charges - 0.0034% of Turnover in BSE & 0.0035% of Turnover in NSE.
SEBI turnover charge - NIL
Stamp Duty - Varies from State to State.
Service Tax - 12.36%

For Futures:

STT - 0.017% of Turnover on SELL transactions.
Exch. Turnover Charges - 0.002% of Turnover.
SEBI turnover charge - 0.0002% of Turnover.
Stamp Duty - Varies from State to State.
Service Tax - 12.36%

For Options:

STT - 0.017% of Option Premium on SELL transactions & 0.125% Of settlement value where Option is exercised.
Exch. Turnover Charges - 0.05% of Premium.
SEBI turnover charge - 0.0002% of Premium.
Stamp Duty - Varies from State to State.
Service Tax - 12.36%

@ soft:

Very good info.