When you choose Rs 20 or less brokerage account what other charges you need to pay?

Question

When you choose Rs 20 or less brokerage account what other charges you need to pay?

Accepted Answer · 2019-11-05

When we say ₹20 brokerage that does not mean that you are going to pay only extra ₹20 to complete your transaction. You have below given charges when you do one transaction in exchange-

Total Brokerage & Taxes = Brokerage + Transaction Charges + SEBI Turnover Charges + STT Charges + Stamp Duty + GST on Brokerage and Transaction Charges

Transaction Charges

₹325 Per Cr for Equity Delivery and Intraday
₹190 Per Cr for Equity Futures
₹5000 Per Cr for Equity Options
₹110 Per Cr for Currency Futures
₹4000 Per Cr for Currency Futures

SEBI Turnover Charges

₹15 Per Cr

STT Charges

01% on Both Side(Buy and Sell) Equity Delivery
025% on Sell Equity Intraday
01% on Sell Equity Futures
017% on Sell Equity Options

Stamp Duty

By State

GST

18% on Brokerage and Transaction charges

So when you come to conclude your transaction, you are charges – brokerage, Transaction charges, STT, SEBI Charges, Stamp Duty and GST.

When you choose Rs 20 or less brokerage account what other charges you need to pay?

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