Dear Forum,
I have just started Investing and want to know a few things about the basics in the Borkerage and Tax Slabs..
I want to know the calculations from the following example.
1. KingFisher Airlines purchased on 15-12-09 @ 55.70 X 200...Now the brokerage I know is 0.50paise per Rs 100.
But I want to know the following things so that I can be ready to keep some amount as cushion for these things to get deducted..
1. Service Tax : Whats the % and on what ?
2. Securities Transaction Tax : Whats the % and on what ?
3. Total Stamp Duty Whats the % and on what ?
4. Transaction Charges : Whats the % and on what ?
I would appreciate if someone could also tell me if its good to stay invested with KingFisher Airlines?
I have just started Investing and want to know a few things about the basics in the Borkerage and Tax Slabs..
I want to know the calculations from the following example.
1. KingFisher Airlines purchased on 15-12-09 @ 55.70 X 200...Now the brokerage I know is 0.50paise per Rs 100.
But I want to know the following things so that I can be ready to keep some amount as cushion for these things to get deducted..
1. Service Tax : Whats the % and on what ?
2. Securities Transaction Tax : Whats the % and on what ?
3. Total Stamp Duty Whats the % and on what ?
4. Transaction Charges : Whats the % and on what ?
I would appreciate if someone could also tell me if its good to stay invested with KingFisher Airlines?