Hi Zerodha,
Thank you for your information. This was very helpful.
I just have one more question. Please check below
scenario 1
Monday : I buy 1 Lot of Crude at 5000
Tuesday: I dont trade
Wednesday : I dont trade
Thursday: I Sell 1 Lot of Crude at 5010
In this case what will be the stamp duty & profit?
1) Max Rs 50 stamp duty for Monday + Max Rs 50 stamp duty for Thursday
Total stamp duty on a complete trade = Max Rs 100
(907.31 this is from BROKERAGE CALCULATOR)
Actual Profit in this trade = 907.31- 100 = 807.31
If the answer is different please explain me with the same example
Scenario 2:
Monday i buy 2 lots of crude at 5000 & Sell 2 lots of 5010
In this case what will be the stamp duty & profit?
1) Max Rs 50 stamp duty for Monday irrespective of number of trades
Total stamp duty on a complete trade = Max Rs 50
(1858.71 this is from BROKERAGE CALCULATOR)
Actual Profit in this trade = 1858.71 - 50 = 1808.71
If the answer is different please explain me with the same example
Regards,
Rahule