What are the statutory costs involved while trading/investing?
| Charge Type | Particulars |
|---|---|
| Brokerage | It is levied by a stockbroker for your transactions/trades. It is charged on the trade value or at a flat rate, as agreed. |
| Securities Transaction Tax (STT) | It is levied on transactions (buy and sell) conducted through the stock exchanges. Taxable securities include equity, derivatives, and equity-oriented mutual funds. |
Stamp Duty | It is levied by the state government on the transfer of ownership of securities. |
| Goods & Services Tax (GST) | It is levied as a percentage of the brokerage charged for the trade. The current GST rate is 18%. |
| Transaction Charges | It is levied by the stock exchanges (NSE, BSE, MCX). Rates vary between exchanges. |
| Depository Participant (DP) Charges | It is levied by the respective Depository (NSDL/CDSL) for keeping your transactions in electronic form. The Depository charges the DP (stockbroker), who in turn will charge you |
| SEBI Charges | It is levied by SEBI on the trade value. (₹10/crore) |
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