Here's a detailed breakdown of stock market trading charges in India:
1. *Brokerage Fees*:
- Equity Delivery: 0.1% to 0.5% of trade value
- Equity Intraday: 0.01% to 0.05% of trade value
- F&O (Futures and Options): 0.01% to 0.05% of trade value
2. *Transaction Charges*:
- NSE (National Stock Exchange): 0.00322% for equity delivery, 0.0019% for F&O futures
- BSE (Bombay Stock Exchange): 0.0025% for equity delivery, 0.0015% for F&O futures
3. *Stamp Duty*:
- Varies by state (e.g., 0.015% or ₹1500 per crore for equity delivery in some states)
4. *GST (Goods and Services Tax)*:
- 18% on brokerage fees, SEBI charges, and transaction charges
5. *SEBI Charges*:
- ₹10 per crore
6. *STT (Securities Transaction Tax)*:
- 0.1% on buy and sell for equity delivery
- 0.025% on the sell side for intraday trades
7. *Demat Charges*:
- ₹20 to ₹50 per month for maintenance
- ₹50 to ₹100 per scrip for dematerialization
8. *Trading Account Charges*:
- ₹500 to ₹1,000 per year for maintenance
Note: These charges may vary depending on the broker, exchange, and type of trade. It's essential to check with your broker for the most up-to-date information.
Some popular brokers in India and their charges are:
- Zerodha: Zero brokerage for equity delivery, ₹20 or 0.03% (whichever is lower) for intraday trades
- Fyers: ₹20 or 0.02% (whichever is lower) for equity delivery and intraday trades
- Upstox: ₹20 or 0.02% (whichever is lower) for equity delivery and intraday trades
- Dhan: ₹20 or 0.02% (whichever is lower) for equity delivery and intraday trades
Note: Please verify the charges with the respective brokers or exchanges for the latest information.
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