This is an important point on which many questions arise, answer to which i have been looking for.
1. Jurisdiction depends on whose location, broker or client.
2. Duty payable on all trades or on delivery trades only
3. Duty is payable on segment-wiseor all segments combined turnover for the day.
4. Do brokers have to necessarily issue segment-wise or combined contract note everyday.
5. In case of un-capped limits, at higher turnovers stamp duty would form a good part of costs so more discussion needs to be taken up.
Finvasia is asking for fixed amount whereas others ask for percentage with/without limits.
Is there any catch.
