Commodity stamp duty in Kerala

[jamests22]

Do anybody know about the stamp duty charges in Kerala? Any idea about brokers with low brokerage?

 

[amsin21]

A) NSE Cash

1) Transaction Chgs. 0.00325 of Total Turnover value. (Effected 01/10/2009).

2) Stamp Duty 0.01% of Delivery Turnover value.
0.002% of Trading Turnover value.

3) Service Tax 10.30% of Brok Charged and TO tax (effected 25/02/2009)

4) Securities Transaction Tax (STT) 0.125% of Delivery Turnover value.
0.025% of Trading Turnover value.

5) SEBI Tax 0.0001% of on Turnover value (effected 01/07/2009)

B) BSE Cash

1) Transaction Chgs. 0.00323 Of trading & 0.00223% delivery of Total Turnover value. (Effected 01/10/2009).

2) Stamp Duty (Broker Note Stamp Chgs) 0.01% of Delivery Turnover value.
0.002% of Trading Turnover value.

3) Service Tax 10.30% of Brok Charged and TO tax (effected 25/02/2009)

4) Securities Transaction Tax (STT) 0.125% of Delivery Turnover value.
0.025% of Trading Turnover value.

5) SEBI Tax 0.0001% of on Turnover Value TO (effected 01/07/2009)

C) NSE F&O

1) Transaction Chgs. 0.0019% of Total Futures Turnover value. And 0.05% of Premium Value in case of Option Segment.(eff01/10/09)

2) Stamp Duty (Broker Note Stamp Chgs) 0.002% of Trading Turnover value.
Note: a) In Case of Options Transaction Chgs are levied on Premium when option is purchased & on Strike price value when it is exercised or assigned.

3) Service Tax 10.30% of Brok Charged and TO tax (effected 25/02/2009)

4) Securities Transaction Tax (STT) Future: 0.017% of Sell side Turnover value.
Option: 0.017% of Sell side premium value. Exercised after market then 0.125% of Settlement value (Qty*CM Closing Rate). Whose Option buyers in normal mkt. (Effected from 01/06/2008).

5) SEBI Tax 0.0001% of on Turnover value. (effected 01/07/2009)

D) NSE CDS

1) Service Tax 10.30% of Brokerage Charged-(effected 25/02/2009)

2) Stamp Duty 0.002% of on Turnover value

3) SEBI Tax 0.0001% of on Turnover value. (effected 01/07/2009)

E) MCX-SX

1) Service Tax 10.30% of Brokerage Charged-(effected 25/02/09)

2) Stamp Duty 0.002% of on Turnover value

3) SEBI Tax 0.0001% of on Turnover value. (effected 01/07/2009)

F)NCDEX

1) Turnover Tax 0.0032% on Total Turnover (effected 06/10/2009)

2) Stamp Duty 0.001% on Total Turnover

3) Services Tax 10.30 on Brokerage +TO charges(effected 25/02/2009)

G)MCX

1) Turnover Tax 0.0016% on Total Turnover(effected 03/11/2009)

2) Stamp Duty 0.001% on Total Turnover

3) Services Tax 10.30 on Bro + Tra charges-(effected 25/02/09)


For example calculation visit these sites :

http://www.sharemarketschool.com/keep-an-eye-on-brokerage-costs/

or

http://www.stockmarketindian.com/stock_exchange_market_india.php

 

[Kedarnath]

Do anybody know about the stamp duty charges in Kerala? Any idea about brokers with low brokerage?

Hi,

If i am not wrong in southern states of India stamp duty to broker's is just Rs.10/- for unlimited turnover...and not Percent wise like in Maharashtra.


Regards,

Kedar