Charges other than Brokerage for Stock Exchange Transactions

#51
Securities Transaction Tax (STT)

Equity Delivery Transactions
Purchase: 0.125% of Turnover i.e. (Number of Shares * Price)
Sell: 0.125% of Turnover i.e. (Number of Shares * Price)

Equity Intra-day Transactions
Purchase: NIL
Sell: 0.025% of Turnover i.e. (Number of Shares * Price)

Future Transactions
Purchase: NIL
Sell: 0.017% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: NIL at the time of purchase of option. However the purchaser has to pay 0.125% of the Settlement Price i.e. (Number of Lots * Lot Size * Strike Price), in case of option exercise
Sell: 0.017% of Premium

For more details on STT, please see this earlier post.

Transaction Charges

Equity Delivery Transactions
Purchase: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE
Sell: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE

Equity Intra-day Transactions
Purchase: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE
Sell: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE

Future Transactions
Purchase: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)
Sell: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: 0.05% of Premium
Sell: 0.05% of Premium

SEBI Turnover Charges

Equity Delivery Transactions
Purchase: NIL
Sell: NIL

Equity Intra-day Transactions
Purchase: NIL
Sell: NIL

Future Transactions
Purchase: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)
Sell: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)

Option Transactions
Purchase: 0.0002% of Premium
Sell: 0.0002% of Notional Value in case of exercise or assignment

Stamp Duty

Equity Delivery Transactions
Purchase: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000

Equity Intra-day Transactions
Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

Future Transactions
Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

Option Transactions
Purchase: 0.002% of Premium
Sell: 0.002% of Notional Value in case of exercise or assignment

Service Tax

Service Tax, Surcharge and Education Cess are applicable on Brokerage, Transaction Charges, SEBI Turnover Charges and Stamp Duty. Note Service Tax, Surcharge and Education Cess are not applicable on Securities Transaction Tax (STT).
 

alroyraj

Well-Known Member
#52
Service Tax

Service Tax, Surcharge and Education Cess are applicable on Brokerage, Transaction Charges, SEBI Turnover Charges and Stamp Duty. Note Service Tax, Surcharge and Education Cess are not applicable on Securities Transaction Tax (STT).
Okay so thats what RK Global do,they charge the service tax on each of these separately stamp duty and transaction charge (which included turnover charges and transaction charges) and not under one head like other brokerages.
 
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#53
what do you think abt kotak securities guys?
anybody having/had a/c with them?
they r charging me .49% for delivery and .049% for intraday...
also in intraday, do they charge both on buying and on selling?
 

simple_trader

Well-Known Member
#54
Okay so thats what RK Global do,they charge the service tax on each of these separately stamp duty and transaction charge (which included turnover charges and transaction charges) and not under one head like other brokerages.
How much is RKG charging now for 100 NF BUY+SELL (including taxes)?

Thanks!
 

simple_trader

Well-Known Member
#57
Per lot it comes to 90.41 Rs For nifty futures and 21.71 for options @ 5000 level.
Thanks for sharing info.

I am paying huge money to reliance money as brokerage as compare to RKG. At this point, I can not trust RKG for keeping my capital. It has been kind of trade off. Wondering if there is any better option for me. Keep hearing bad practices by other big and popular brokers. Icici direct does not give terminal and charges huge.
 
#58
Thanks for sharing info.

I am paying huge money to reliance money as brokerage as compare to RKG. At this point, I can not trust RKG for keeping my capital. It has been kind of trade off. Wondering if there is any better option for me. Keep hearing bad practices by other big and popular brokers. Icici direct does not give terminal and charges huge.
why not try something like Motilal Oswal?they have decent brokerage charges..good software and good customer after services!:thumb: