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#1
21st June 2007, 02:41 PM
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Need Help Regarding ShareKhan and ICICI Direct Brokerage
Hi All,
Im new to this thread and i have seen some wonderful post that really helped newbies.. im in need of a help.. could you pelase tell me whats the brokerage of icicidirect and sharekhan for both delivery and intraday. Please correct me if im wrong delivery ICICI Direct for both buy and sell Brokerage 0.75% STT% 0.125% Service Tax 12.24% of Brokerage Delivery type Sharekhan for both buy and sell Brokerage 0.5% STT% 0.125% Service Tax 12.24% of Brokerage Intra Day STT%,ST% and Brokerage is NILL for Buy in ICICI and Sharekhan STT 0.025% ST 12.24% Brokerage 0.05% I think the brokerage details of intra day is wrong.. please correct and give me the exact details about STT,ST,brokerage for intraday in both icicidirect and sharekhan.. and could you please tell me weather the STT,ST and Brokerage is applied for both buy and sell in intraday or its only applied to SELL. Thanks a Ton 
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#2
24th June 2007, 11:37 AM
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Re: Need Help Regarding ShareKhan and ICICI Direct Brokerage
is not service tax is 12.36% as the educational cess has gone up to 3%.
I have attached a small sheet to calculate the brokerage charges by Icici direct.see formulas. I also have a small macro which tell you at what rate you have to sell to get a certain percentage post tax gain (for short term gains). I have not added this macro;;. It uses goal seek function of excel.
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