FAQ

Mon, Apr 25, 2011 12:00 AM on Others, Others,

Total charge on Buying and Selling Securities


A. Charges on Buying Securities


When an investor is engaged in buying activities, every time s/he needs to pay following types of charges per buying transaction:

  1. Brokerage Commission (ranges from 0.7% to 1% of per transaction amount)
  2. Fee to SEBON (fixed 0.015% of transaction amount)
  3. Name transfer charge worth Rs 10 per transaction


B. Charges on Selling Securities


When an investor is engaged in selling activities, every time s/he needs to pay following types of charges:

  1. Brokerage Commission (ranges from 0.7% to 1% of per transaction amount)
  2. Fee to SEBON (fixed 0.015% of transaction amount)
  3. Capital Gain Tax (fixed 15% on Net Profit, this tax is levied only if seller makes profit from security transaction)


Net Profit = Selling Price - Buying Price - Commissions to brokers - Charges of SEBON