CALCULATING BROKERAGE FOR BUYING AND SELLING NSE SHARES
Today, 09th Dec., 2009, I have received an Email from Angel with charges as follows :
* Intraday / Day Trading - 0.05% (5 paise) based on the higher trade rate.[Delivery - 0.25% (25 paise)
Futures - 0.05% (5 Paise) ]
* Transaction charges levied on total turnover value (Buy n Sell) - 0.00325%
* Service tax levied on Transaction Charges - 10.30%
* Stamp Duty levied on total intraday turnover - 0.0020%
* Service tax levied on brokerage - 10.30%
* STT of sale trading turnover (i.e. only selling turnover for intraday) - 0.025%
They responded to my first email requesting info within 24 hours and thereafter, every email I sent, they responded within 3 hours. I hope support will also be so good. Sharekhan never did repsond to my email.
Wish me luck. I'm jumping in!