hey guys...
glad to find this forum.. as am a newbie..! and find this forum extremely helpful. i have applied with sharekhan for a trading account.
it shall get activated next week.
but i am really confused on how they calculate brokerage..
they said brokerage will be charged at
0.07 % intraday ( this will be charged only on one side i.e it will be charged only for buying and not for selling)
.4% for delivery.
Lets say I bought some shares worth Rs. 10000 today (cash) and took delivery of it. kept it for a few days and then sold it at Rs. 10500.
Can anyone please tell me how brokerage i will have to pay for the above transaction at the above mentioned rates?
Will be really grateful if anyone can give a breakdown of the transaction with taxes.
Thanks... cheers...
adnan