What are the various statutory charges like stamp duty and taxes etc.?
Whenever you make a trade (any segment) apart from paying brokerage you’ll be charged taxes as well, as per Government rules.
The taxes/charges are as below :
Securities/Commodities transaction tax: Tax by the government when transacting on the exchanges. Charged as below on both buy and sell sides when trading equity delivery. Charged only on the selling side when trading intraday or on futures and options.
When trading at Zerodha STT/CTT can be a lot more than the brokerage we charge. It's important for you to keep a tab on this & place trades accordingly.
STT for equity delivery - 0.1% on buy & sell
STT for equity intraday - 0.025% on the sell-side
STT for equity futures - 0.01% on sell side
STT for equity options - 0.05% on sell side (on premium)
CTT for commodity futures - 0.01% on sell side (Non-Agri)
CTT for commodity options - 0.05% on sell side
Note - STT/CTT charged will be rounded off to the nearest rupee.
Exchange transaction charges:
Equity - NSE - 0.00345% of turnover, BSE - 0.00345% of turnover
Equity futures - 0.002% of turnover (NSE)
Equity options - 0.053% of premium turnover (NSE)
Currency futures - NSE - 0.0009% of turnover, BSE - 0.00022% of turnover
Currency options - NSE - 0.0007% of turnover, BSE - 0.001% of turnover
Commodity futures - Group A: 0.0026% | Group B: PEPPER - 0.00005% , CASTORSEED - 0.0005% , RBDPMOLEIN - 0.001%
Commodity options - 0
The transaction charges in XC, XD, XT, Z, and ZP groups on BSE are Rs.10,000 per crore (i.e. 0.1%) w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017). The transaction charges in SS and ST groups on BSE are Rs.1,00,000 per crore (i.e. 1%) of gross turnover.
All EQ series scrips on NSE not belonging to Nifty 50, Nifty Next 50, GSM category, and Debt ETF's are charged at Rs. 275 per crore till September 30, 2021, as directed in this circular.
Goods & services tax (GST): 18% on brokerage + transaction charges
You may be charged Central, State, or Union Territory GST depending upon your state of residence. However, the GST charge percentage will remain constant.
SEBI charges: Rs. 10 per crore (of turnover)
Equity delivery: 0.015% or ₹1500 / crore on buy side
Equity intraday: 0.003% or ₹300 / crore on buy side
Equity futures: 0.002% or ₹200 / crore on buy side
Equity options: 0.003% or ₹300 / crore on buy side
To see the complete list of charges at Zerodha, please click here.