Live Online Trading News, Live Online Stock Prices NSE, BSE, Live Online Stock Recommendations

Live Indian Stock Markets NSE Online Trading
www.mReach.net ... for Live TV, Radio & FM channels

www.mReach.net

For Live TV, Radio & FM channels

Live BSE

Live NSE

Tuesday, March 25, 2008

NSE Online Trading Brokerage Charges, Account Charges, Minimum brokerage

The NSE Online Trading Brokerage Charges are calculated as under :-

For Intra-day Trades Brokerage Charges:-

0.1% on the buy side and 0.1% on the sell side. This is subject to a minimum brokerage of 5 paise per share. This means that if the share price you trade in is Rs 50/- or less, a minimum brokerage of 5 paise per share will be charged.

For Delivery Based Trades Brokerage Charges:-

0.5% or 10 paise per share or Rs. 16/- per scrip whichever is higher.

Minimum brokerage of 10 paise per share is applicable when the share price is Rs. 16/- or less and minimum brokerage of Rs. 16/- per scrip will be applicable when the traded price is Rs 3,200/-

NOTE: Minimum brokerage of Rs. 16/- will be applicable only on SELL Delivery Transactions.

For F&O trades Brokerage Charges:-

0.1% on the first leg

0.02% on the second leg if squared off on the same day and 0.1% if squared off on any other day.

Please note : Brokerage on Options trades will now be charged on the Premium component instead of the Strike Price which was levied earlier. Brokerage for all the clients will be charged as Rs. 100/- per contract or 2.5% on the premium (which ever is higher) as per the SEBI circular guidelines. Brokerage will be levied on the same lines as given by you for the client earlier. I.e. if the client was charged brokerage on one side of the transactions then the same format will continue BUT only the brokerage slabs will change to the above mentioned levels.

The Transaction Charges are :-

NATURE OF TRANSACTION - RATE OF STT (Charged on Traded Value)
Delivery based transaction in equity - Buyer and seller each to pay 0.125%

Non-delivery based transaction in equity - Seller to pay 0.025%

Derivatives (F&O) - Seller to pay 0.017%

Stamp Duty 0.010% for delivery based trades and 0.002% for intra-day trades.

Service Tax 12.36% on Brokerage (12% Service Tax + 3% Surcharge on Service Tax)

Turnover Tax 0.0035% of traded value ( cash segment ) and 0.0023% for Futures on actual rate and 0.0512% on premium.

NSE Online Trading Brokerage Charges, Account Charges, Minimum brokerages NSE, BSE for Sharekhan.

Please note: Some of the content in this site is from Share khan emails sent to its customers.