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Misc Charges Other Than Brokerage for Stock Exchange Transactions

  1. Misc Charges Other Than Brokerage for Stock Exchange Transactions

    When i initially traded in ICICI, they tell that brokerage charges are 0.75%, but final brokerage charges were close to 0.90%. If its 0.55%, It comes close to 0.70%.

    This is because 0.55% goes to ICICI as brokerage charges and there are other misc charges apart from brokerage charges when you Buy or Sell or trade in any segment.

    Securities Transaction Tax (STT)

    Equity Delivery Transactions
    Purchase: 0.125% of Turnover i.e. (Number of Shares * Price)
    Sell: 0.125% of Turnover i.e. (Number of Shares * Price)

    Equity Intra-day Transactions
    Purchase: NIL
    Sell: 0.025% of Turnover i.e. (Number of Shares * Price)

    Future Transactions
    Purchase: NIL
    Sell: 0.017% of Turnover i.e. (Number of Lots * Lot Size * Price)

    Option Transactions
    Purchase: NIL at the time of purchase of option. However the purchaser has to pay 0.125% of the Settlement Price i.e. (Number of Lots * Lot Size * Strike Price), in case of option exercise
    Sell: 0.017% of Premium

    Transaction Charges

    Equity Delivery Transactions
    Purchase: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE
    Sell: 0.0035% of turnover in NSE and 0.0034% of Turnover in BSE

    Equity Intra-day Transactions
    Purchase: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE
    Sell: 0.0035% of Turnover in NSE and 0.0034% of Turnover in BSE

    Future Transactions
    Purchase: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)
    Sell: 0.002% of Turnover i.e. (Number of Lots * Lot Size * Price)

    Option Transactions
    Purchase: 0.05% of Premium
    Sell: 0.05% of Premium

    SEBI Turnover Charges

    Equity Delivery Transactions
    Purchase: NIL
    Sell: NIL

    Equity Intra-day Transactions
    Purchase: NIL
    Sell: NIL

    Future Transactions
    Purchase: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)
    Sell: 0.0002% of Turnover i.e. (Number of Lots * Lot Size * Price)

    Option Transactions
    Purchase: 0.0002% of Premium
    Sell: 0.0002% of Notional Value in case of exercise or assignment


    Stamp Duty

    Equity Delivery Transactions
    Purchase: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000
    Sell: 0.01% of Turnover. Turnover usually taken in multiple of Rs 5000

    Equity Intra-day Transactions
    Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
    Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

    Future Transactions
    Purchase: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000
    Sell: 0.002% of Turnover. Turnover usually taken in multiple of Rs 5000

    Option Transactions
    Purchase: 0.002% of Premium
    Sell: 0.002% of Notional Value in case of exercise or assignment

    Service Tax
    Service Tax, Surcharge and Education Cess are applicable on Brokerage, Transaction Charges, SEBI Turnover Charges and Stamp Duty. Note Service Tax, Surcharge and Education Cess are not applicable on Securities Transaction Tax (STT).


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