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 12.36
% 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 0.0034% of turnover in BSE will be charged
additional. The transaction charge is calculated on per share
basis and rounded off to four decimals.
- 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
|
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 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 12.36 % of BROKERAGE will be charged
additional.
-
SECURITIES TRANSACTION
TAX (STT)-[(Strike price + Premium)* Quantity]*(0.017
%) . This will be applicable only on SELL
transactions.
-
Transaction
Charges for futures @ 0.002% on turnover and for options @
0.05% on premium will be charged.
-
SEBI Turnover
Charges for futures @ 0.0002% on turnover and for options @
0.0002% on premium will be charged.
-
SEBI Turnover Charges will
be charged @ 0.0002% 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 and SEBI Turnover Charges will be
charged additionally as per the applicable rate.
|
| Click
here to know how Refund of Advanced Brokerage is computed. |
|
|
