by Balaji GK | Jul 19, 2018 |
Goods and Service tax (GST) is levied by the Government @ 18% on brokerage & Exchange Transaction charges which are classified as IGST, SGST and CGST. IGST: Integrated Goods & Services Tax (IGST) of 18% is applicable when there is an Inter-state transaction made i.e. the broker and client are from the different state. SGST & CGST: Here GST of 18% is divided between State Goods & Services Tax (SGST) @ 9% and Central Goods & Services Tax (CGST) @ 9% is applicable when there is an Intra-state transaction made i.e. the broker and client are from the same state. Since Tradejini is located in Karnataka, IGST is applicable for clients located in other states than Karnataka whereas SGST and CGST are applicable for clients located in...
by Balaji GK | Jul 19, 2018 |
It is levied by SEBI @ Rs. 15 per crore for all trades on the traded volume of the customer in all segments.
by Balaji GK | Jul 19, 2018 |
Exchange Transaction charges are the amount charged by Exchanges and Clearing members on all trades. It’s levied by Exchange on the traded volume of the customer and is generally specified in terms of rupees per Crore of Turnover. Product Charges (it is Rupee per crore) Equity Spot NSE: 345 and BSE: 275 Equity Futures NSE: 200 and BSE: 200 Equity Options NSE: 5300 and BSE: 2500 Commodity Futures MCX: 350 Commodity Options No Charges Currency Futures NSE: 125 and BSE: 125 Currency Options NSE: 4350 and BSE:...
by Balaji GK | Jul 19, 2018 |
Security Transaction Tax (STT) is the tax levied by the Government when transacting on the securities market. It is levied based on the product traded. Product Charges Equity Spot Delivery 0.1% on Buy and Sell side Equity Spot Intraday 0.025% on Sell side Equity & Commodity Futures 0.01% on Sell side Equity & Commodity Options 0.05% on Sell side Currency Futures & Options No Charges Please Note* while trading in Commodities Market it is referred as Commodity Transaction Tax (CTT) and not Security Transaction Tax...
by Balaji GK | Jul 19, 2018 |
Brokerage STT/CTT Exchange Transaction Charges SEBI Charges GST Stamp duty