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 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 - 0.00325% of turnover; BSE - 0.003% of turnover
Equity futures - 0.0019% of turnover (NSE)
Equity options - 0.05% 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
Goods & services tax (GST) - 18% on brokerage + transaction charges
SEBI charges: Rs. 5 per crore (of turnover)
Stamp Duty: Tax levied by the state government. As per instructions from the Ministry of Finance, Stamp Duty will be charged uniformly irrespective of the state of residence effective from July 1st, 2020. You can read more here.
To see the complete the list of charges at Zerodha, please click here.