You are on page 1of 4

BROKERAGE CHARGES

BROKERAGE STRUCTURE

EQUITY:

Minimum Brokerage per order Resident NRI


(subject to ceiling of 2.5% of total traded value)
Applicable for both Buy & Sell orders Rs.25/- Rs.25/-
Delivery Based Trades:

Brokerage Resident Indians - 0.50% or min Rs.25/- or ceiling of 2.5% on


transaction value (Both Buy & Sell)

For NRI's - Brokerage 0.75% or min Rs. 25 or ceiling of 2.5% on


transaction value (Both Buy & Sell)
Brokerage scrips less Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage
than Rs.10 per share will be charged within the limits prescribed by SEBI / Exchanges.
(Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction 0.1% of transaction value (Both Buy & Sell) (Effective from 1st July
Tax (STT) 2012)
STT on sale of an unit of an Equity Oriented Fund is 0.001% (Effective
from 1st June 2013)
Stamp Duty 0.01% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective from
1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)

Square-Off Trades Cash & Carry Scrips:

Brokerage 0.10% or min Rs.25/- or ceiling of 2.5% on transaction value (Both


Buy & Sell)
Brokerage scrips less Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage
than Rs.10 per share will be charged within the limits prescribed by SEBI / Exchanges.
(Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction 0.025% of transaction value (On Sell transaction)
Tax (STT)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective from
1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)

Square-Off Trades Margin Scrips:

Brokerage 0.05% or min Rs.25/- or ceiling of 2.5% on transaction value (Both


Buy & Sell)
Brokerage scrips less Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage
than Rs.10 per share will be charged within the limits prescribed by SEBI / Exchanges.
(Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction 0.025% of transaction value (On Sell transaction)
Tax (STT)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective from
1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)
***"Other taxes and levies (Transaction Charges & service tax )as prescribed by Govt and regulatory authorities would be applicable. For transaction charges refer BSE notice 20151217-28 dated
17-Dec-15 and NSE circular NSE/F&A/13028 dated 7-Sep-09.

Please Note:

If a client buys a stock on one stock exchange (for example BSE) and sells on another stock exchange (for example NSE), it does not qualify as an intra day trade. The purchase and sale of stocks
has to be done on the same stock exchange on the same trading day.

The pending order has to be closed in the same exchange it was opened in. Else it will be considered as a CNC order.
DERIVATIVES:

FUTURES MARKET:
Non-Square Off (Carry Forward) Trades:

Brokerage Resident Indians - 0.05% or min Rs.25/- or ceiling of 2.5% of


transaction value (Both Buy & Sell)

For NRI's - 0.05% or min Rs.25/- or ceiling of 2.5% of transaction


value (Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction 0.01% of transaction value (On Sell transaction) (Effective from 1st
Tax (STT) June 2013)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective
from 1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)

Square-Off Trades:

Brokerage Resident Indians - 0.025% or min Rs.25/- or ceiling of 2.5% of


transaction value (Both Buy & Sell)

For NRI's - 0.025% or min Rs.25/- or ceiling of 2.5% of transaction


value (Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction 0.01% of transaction value (On Sell transaction) (Effective from 1st
Tax (STT) June 2013)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective
from 1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)

OPTION MARKET :

Brokerage Resident Indians - Higher of 1% of the premium amount or Rs.100


per lot (Both Buy & Sell)

For NRI's - Higher of 1% of the premium amount or Rs.100 per lot


(Both Buy & Sell)
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Securities Transaction Tax Sell : 0.017% on Premium on exercise : 0.125% on Settlement Price
(STT)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.00022472% (inclusive of service tax) on turnover (Effective
from 1st June 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)

SEBI Circular on penal charges in derivatives segment for margin shortfall

CURRENCY DERIVATIVES:

Currency Account opening fees of Rs. 250/-


Futures Brokerage of Rs. 23/- per Contract on carry forward trades and Rs. 12/- each side
on square up of trades (statutory and other charges to be levied separately).
Currency Brokerage of Rs. 20/- per Contract on carry forward trades and Rs. 10/-
Options each side on square up of trades (statutory and other charges to be levied
separately).
Service Tax 15.00% on Brokerage (Effective 1st June 2016 )
14.50% on Brokerage (Effective 14th Nov 2015 )
14% on Brokerage ( Effective 1st June 2015 )
12.36% on Brokerage (Effective from 1st April 2012)
10.30%on Brokerage (Till 31st March 2012)
Stamp Duty 0.002% on turnover
SEBI 0.00022472% (inclusive of service tax) on turnover (Effective from 1st June
Turnover Tax 2014)
(Old rate of 0.0001% on turnover effected upto 31st May 2014)
*****Securities Transaction Tax (STT) of 0.001% will be levied for redemption of Mutual Funds.
***"Other taxes and levies (Transaction Charges & service tax ) as prescribed by Govt and regulatory authorities would be applicable.

**** Subject to change as per Government Policies.


Today's Market

You might also like