Points
To Note :
|
Cash,
BTST, Margin & Margin Plus, Spot |
- Brokerage is calculated on a per share basis and is rounded
off to the fourth decimal .
- SERVICE TAX OF 10.30
% of BROKERAGE
will be charged additional. It
is calculated per share and rounded off to four
decimals.
- SECURITIES
TRANSACTION TAX (STT) EQUITY - STT
is calculated on the Weighted Average Price of the client for a
particular day. This is also calculated on the value and rounded
of the second
decimal.
- STT
at the rate of 0.125%
of turnover will be charged in addition to the Brokerage on all
delivery trades.
- STT
at the rate of 0.025% of turnover will be charged in
addition to the Brokerage on sell leg of all non-delivery
trades.
- TRANSACTION CHARGES at the rate of 0.0035% of turnover in NSE and BSE will be charged . Applicable Service Tax would be charged over & above Transaction charges. The transaction charge is calculated on per share basis and rounded off to four decimal.
- STAMP DUTY at the rate of 0.01% on
delivery based turnover and 0.002% on non-delivery based turnover will
be charged in addition to the charges mentioned above. The Stamp
Duty is calculated on per share basis and rounded off to four
decimals
- SEBI turnover charges will be charged at 0.0001% on turnover.
|
The
minimum value of trade and minimum brokerage charged are as
follows:
|
Segment |
Minimum Trade
Value
|
Minimum Brokerage
|
| Cash and BTST. |
Rs 500/- |
Rs 25/-per trade Or 2.5%
of trade value (which ever is lower) |
| Margin |
Rs 500/- |
Rs 15/-per trade
|
| Spot |
Rs 500/- |
|
-
ST, STT, Transaction Charges and Stamp Duty will be charged additionally as per the applicable rate.
-
The maximum amount of trade
that a customer can execute in any settlement under Spot
Segment is Rs
10,00,000/-.
| |
- If the
trading day is a bank holiday ,then the pay-out will be credited on the
next bank working day.
- Trades in spot, form part of the eligible
turnover for rebate calculations. Service Tax, Securities
Transaction Tax (STT), Transaction Charges (including Service tax)
and Stamp Duty will be charged additionally as per the applicable
rate.
|
|
Calculation Of Refund For Advanced
Brokerage |
|
CASH
|
MARGIN | |
| Click
here to Know how to convert Margin position to Delivery (Cash)
position. |
|
Derivative Segment |
|
Points To
Note |
-
Brokerage is calculated on a per share basis and is rounded
off to the fourth decimal. ( Incase of OPTIONS, brokerage is
calculated on per contract lot basis)
-
SERVICE
TAX OF 10.30 % of BROKERAGE will be charged
additional.
-
SECURITIES TRANSACTION
TAX (STT)-
Futures:- 0.017% of Trade value in case of SELL trades
Options:- 0.017% on Option Premium in case of SELL trades and 0.125% on settlement value where Option contracts are exercised
-
Transaction Charges for futures @ 0.002% on turnover and for options @ 0.05% on premium will be charged. Applicable Service Tax would be charged over & above Transaction charges.
-
SEBI Turnover
Charges for futures @ 0.0001% on turnover and for options @
0.0001% on premium will be charged.
-
SEBI Turnover Charges will
be charged @ 0.0001% on notional value in case
of exercise or assignment in options.
-
Stamp Duty for
futures @ 0.002% on turnover and for options @ 0.002% on
premium will be charged.
-
Stamp Duty will be charged @
0.002% on notional value in case of exercise or
assignment in options.
-
In case if the
options contract is expired worthless, there is no brokerage
charged on the expired leg. Only if the options contract is
exercised / squared-off, brokerage would be charged for such
trade. The trades where brokerage has been charged would be
included in the eligible turnover for the purpose of rebate.
Service Tax,Securities Transaction Tax (STT), Stamp Duty,
Transaction Charges(including Service Tax) and SEBI Turnover
Charges will be charged additionally as per the applicable
rate.
|
| Click
here to know how Refund of Advanced Brokerage is computed. |
|
|
