CALCULATION OF BROKERAGE, TAXES, DUTIES, CESS AND OTHER CHARGES

ON
SHARE TRADING TRANSACTIONS - Cash Market (as on 27.10.2010)
Total Transaction Value → 100,000.00
Buy-Delivery Sale-Delivery Buy-Intraday Sale-Intraday
Charge Heads ↓
Rate Value Rate Value Rate Value Rate Value
Brokerage (As per Brokering House Terms) 0.1% 100.00 0.1% 100.00 0.01% 10.00 0.01% 10.00
Transaction Charges of NSE (BSE Charges 0.0034%) on Buy / Sale
0.0035%
Value 3.50 0.0035% 3.50 0.0035% 3.50 0.0035% 3.50
Service Tax on Brokerage + Transaction Charges 10% 10.35 10% 10.35 10% 1.35 10% 1.35
EC on Service Tax 2% 0.21 2% 0.21 2% 0.03 2% 0.03
SHEC on Service Tax 1% 0.10 1% 0.10 1% 0.01 1% 0.01
Securities Transaction Tax on Buy / Sale Value 0.125% 125.00 0.125% 125.00 0.0000% 0.00 0.025% 25.00
Transaction Charges of NSE (BSE Charges 0.0034%) on Buy / Sale
0.0035%
Value 3.50 0.0035% 3.50 0.0035% 3.50 0.0035% 3.50
Stamp Duty on Buy / Sale Value 0.01% 10.00 0.01% 10.00 0.002% 2.00 0.002% 2.00
Turnover Charge of SEBI on Buy / Sale Value 0.0001% 0.10 0.0001% 0.10 0.0001% 0.10 0.0001% 0.10
TOTAL CHARGES 252.76 252.76 20.49 45.49
IMPORTANT NOTES:
The above calculation is without any rounding off and on total transaction value. The total charges calculated should be between 99.5%
to 100.5% of the actual charges calculated by the brokering house i.e. if the charges calcualted above is Rs.100 then the actual charge
should be between Rs.99.50 and 100.50. This is due to fraction rounding off.

Brockering houses normally follows the following:

BROKERAGE is calculated on a per share basis and is rounded off to the fourth decimal .

SERVICE TAX OF 10.30 % of BROKERAGE will be charged additional. It is calculated per share and rounded off to four decimals.

SECURITIES TRANSACTION TAX (STT): STT is calculated on the Weighted Average Price of the client for a particular day. This is also calculated on the
value and rounded of the second decimal.

STT @ 0.125% of turnover will be charged in addition to the Brokerage on all delivery trades.

STT @ 0.025% of turnover will be charged in addition to the Brokerage on sell leg of all non-delivery trades.

TRANSACTION CHARGES @ 0.0035% of turnover in NSE and BSE will be charged . Applicable Service Tax would be charged over & above
Transaction charges. The transaction charge is calculated on per share basis and rounded off to four decimal.

STAMP DUTY @ 0.01% on delivery based turnover and 0.002% on non-delivery based turnover will be charged in addition to the charges mentioned
above. The Stamp Duty is calculated on per share basis and rounded off to four decimals

SEBI TURNOVER CHARGES will be charged @ 0.0001% on turnover.

By Gitesh Shah
giteshishere@in.com