Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O. When trading at Zerodha STT/CTT can be a lot more than the brokerage we charge.
Exchange transaction charges + Clearing charges. Charged by exchanges (NSE,BSE,MCX) and clearing member.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016.
BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.
Additional charges of ₹20 per order:
A) for orders placed through our support/dealing desk.
B) intraday (MIS/BO/CO) positions squared off before market closing by our RMS team. Stamp charges
Charged as per the state of the client's correspondence address.
GST Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
Charged at ₹15 per crore by Securities and Exchange Board of India for regulating the markets.
₹13.5 per scrip (irrespective of quantity), on the day, is debited from the demat account when stocks are sold. ₹5.5 per MF (irrespective of quantity), on the day, is debited from the demat on redemption. This is charged by the depository (CDSL) and depository participant (MANDOT SECURITIES).
₹300/year Buyback, OFS and NFO order charges
₹20 plus GST will be charged for buyback orders placed through Q.
₹100 plus GST will be charged for buyback orders placed manually.
₹20 plus GST will be charged per order for OFS, ETF, NFO and SGB orders.
Transaction/Turnover Charges: are charged as a percentage of the total turnover. BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f. 01.01.2016 STT: Securities Transaction Taxation CTT: Commodity Transaction Taxation. Tax charged on Non-Agri commodities' turnover
Tradestreet reserves the right to revise the tariff schedule from time to time, with notice of 30 days. The notice may be given by ordinary post, email or on the website. For all purposes, unless otherwise mentioned, the bill date shall be considered as the date of demand and the bills will be considered as the bill cum notice for payment and Tradestreet reserves the right to freeze the depository account for debit transaction in case of non payment of charges after two days from the bill date. Interest @ 18% p.a. will be charged on the outstanding bill amount if not paid within the due date. Government levies (such as GST) applicable on all above charges except stamp charges.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries of refund as money remains in investor's account.
