pagenotfound said:
Service Tax is now calculated on specified percentage of Total brokerage. Thank you gvnarendra for bringing it to my attention. I'm open to any more changes in making this calculator better. Please also clarify on how Turnover tax is calculated. So far however, the results are extremely near accurate. Thank You All.
The Turnover Tax is calculated on the sell value only. 0.0133%
of the total sell value.
gvnarendra