Zerodha referral program lets you earn 10% of brokerage paid by your friends; if you refer a friend and also you get 300 points (that you can utilize to pay your Zerodha AMC charges and to get access to paid services). But as per zerodha you charged 364rs. Buy: 562 STT is the tax paid to the Government of India when you buy or sell securities. I see that ticket has come in only yesterday afternoon, only a small team works on saturdays. dheerendra, HI MR NITIN, I am a new customer to zerodha and new to stock market.please give me information about stt. For futures and options: 0.017% on the selling side turnover. STT or Securities Transaction Tax is charged by the stock exchange such as NSE or BSE and is usually placed on the sell side of the trade. Looking forward to many more trading days with Zerodha, with much bigger orders, increase in confidence and support from the Zerodha Team. STT (Securities Transaction Tax) STT or Securities Transaction Tax, is a tax levied on securities trades (not on commodities or currency trades). What I can’t see how only this one transaction would have been charged at Rs.114. The transaction charges in SS and ST groups on BSE are Rs.1,00,000 per crore (i.e. SO PLEASE TRAIN YOUR TECHNICAL TEAM PROPERLY & HAVE RECORDED VOICE RANDOMLY CHECKED / MONITORED , SO THAT YOUR OTHER CUSTOMERS DONT LOSE MONEY . 20/executed order whichever is lower: 0.03% or Rs. Sell: 562.5, Turnover for STT calculation: (562.5*2 + 1185.1) = 2310.1, STT: [0.00 ] as per https://zerodha.com/brokerage-calculator My Id is GD3125 my trading amount is 1/1/2019 is 97.oo rupess but my STT charges 48 please explain your STT charges. If SST is charged at the rate of 0.025 or 0.01, the STT amount should be very less and not Rs. STT is levied on every buy or sell of securities that are listed on the Indian stock exchanges. So the new rate of STT has been implemented or yet to start?? Just out of curiosity I would like to know with regards to GST, what impact will it have on stock, f&o, commodities trading charges like STT, CTT, BSE/NSE Exchange transaction charges, Service tax on trading, stamp duty, brokerage etc.? It seems like the STT calculation for my transaction detailed below is wrong. i don’t no why u are taking deposit of 25k from sub-brokers of zerodha subbrokers of your company will not get most benefit, zerodha will get lot of benefit from subbrokers so you should not take any deposit at all.PSB securities from chennai base they take only 5000 deposit.you take 25000 deposit.please note you are a discount broker you should not charge that much deposit. Details here. Zerodha trading platform is equipped with many built-in tools and indicators to help you in trading and taking positions. The transaction charges in XC, XD, XT, Z, and ZP groups on BSE are Rs.10,000 per crore (i.e. Securities Transaction Tax (STT) came into function after it was presented during the Union Budget of 2004. .THE DETAILS ARE AS FOLLOWS WHICH ARE VERY SHOCKING : BSE: 0.003%/trade. Kyi bar Hui jis vajah se me trade ni kr pa RHA hu…and sir m apna z pin bhul chuka Ku pls help me….. Dheeraj, account specific query, send it to [email protected]. It was imposed to eradicate evasion of tax on capital gains made through security transactions. plz tell me total calcultaion. STT for futures is 0.01% on the selling side now.. please give a total charge structure of Exchange and Zerodha brokerage in an example formation of say 2 lots (100) Nifty Future. J P NAGAR , BANGALORE, Jagjeet, we clearly mention everywhere on our website and even on the account opening form you signed, brokerage is Rs 20 per executed order. Skip to content. Why the STT is very high and how much in intra-day trading. For equity intraday: 0.025% of the selling side turnover. You can learn more about short delivery here. For other ETFs the STT is -. The new STT rates from June 1, 2013 for ETFs is Zero on buying side and 0.001% on the selling side. STT on Options and Stocks remain the same as mentioned above. Import Tax PnL and File ITR online. 155/- and exchange transaction charges is 40.37. It is important to note that brokerage charges in Zerodha are somewhat lower than STT and CTT. . plz tell me if i do not exercise option position so what it rate per lot cost in option. It is adirect tax that the central government levies and collects. Hey Kauahal, When i have saw my contract note i surprised because i saw ctt and stt charge was very high,and weither i have 20 Rs. It facilitates trading in commodities through the Multi Commodity Exchange of India and if often referred to as MCX options Trading. Date: 26 Feb 2020 thanks Zerodha is an online discount broker that offers a fixed, flat-fee brokerage plan to customers. THIS IS A BIG SHOCK TO ME, REGARDS To know more about ETFs click here. Can you check the holdings on q.zerodha.com. Here my profit is 14.90 but stt charge is rupees 15. The industry was expecting a reduction in Securities Transaction Tax (STT), which did not happen. Please guide me nithin sir about stt. This Friday (06/04/2018) was my first trading day, with Zerodha. Securities Transaction Tax (STT) is a type of direct tax that is payable on the total value of securities and stock exchanges in India. 20/executed order whichever is lower: Flat Rs. ... the abolition of STT or Securities Transaction Tax (STT). Please note that only the rates of futures trading has been reduced and the rates for trading equity – delivery/intraday and options trading remains the same. So, let it be Zerodha or any other broker, STT charges are 0.1% on equity delivery (on buy and sell sides) and 0.025% on equity … The new STT rates from June 1, 2013 for ETFs is Zero on buying side and 0.001% on the selling side. @Nithin0dha on Twitter. JAGJEET SINGH, These taxes do not include the transactions that are made on a non recognized stock exchange. It seems like the STT calculation for my transaction detailed below is wrong. You can check out the applicable rates on zerodha.com/charges and also calculate the costs for any trade using our brokerage calculator. The STT rates are set by the government Giridhar. As i am not getting any call from zerodha for any trade. * Also suggest option traders to read this article,” STT Trap” on expiry day, explains STT for exercised options. I have checked the rates but not matching with the amount which is actually charged for this transaction. Just have a doubt on the charge of rs 20 in currency. and not sell it because same day was expiry date .and banknifty put close 20560. https://www1.nseindia.com/content/circulars/cmtr5588.htm. If you placed the 2 buys in separate orders, brokerage will charged @ 0.01% or Rs.20 whichever is lower. Yesterday my trading delivery volume buy 1.5lac sold 1.5 lac. I got profit in shares but transaction charges very high compared to profit. Is der any change of introducing the CTT for Agri products?? | Personal website: Buy: Rs. Ah yeah, we will change this. Hi Team Zerodha, Please clarify. For Intraday equity trading, it is charged at 0.025% only on the Sell Side. I HAD ENQUIRED WITH YOUR TECHNICAL TEAM BEFORE STARTING CRUDE INVESTMENTS IN JULY & AUG CONTRACT & NOBODY TOLD ME TO BE AWARE OF CTT CHARGES EVEN WHEN I TOLD THEM FRANKLY I WAS A NEW TRADER WITHOUT EXPERIENCE , I HAVE LOST HEAVILY ON LAST FRIDAY 17TH JUNE . As one thing I know Zerodha brokerage will be same, and Exchange. Sell: Rs. Why the STT is very in intra-day trading. For instance a 200 rupees share 1,500 buy quantity executed as 2 or 4 trades then the total brokerage will be 30 just for 1 leg ! Up to 2016, it constituted 0.1% of the delivery based equity trading. Zerodha non-brokerage fees Brokerage charge Securities/Commodities transaction tax Transaction/Clearing charges Stamp charges GST SEBI charges; Equity delivery: None: 0.1% on buy and sell: NSE: 0.00325%/trade. point of view which are fixed charge and what is charged on percentage basis. Using the Tax P&L Report, the trader can determine which ITR Form to file and also determine the applicability of the Tax Audit. Send an email to [email protected] with your contract note and you’ll get clarity. I have tried almost all the formulas in your reference link to calculate STT (https://www1.nseindia.com/content/circulars/cmtr5588.htm). whether i should increase my turnover OR take small trades with larger profit target or anything else? https://nithinkamath.me. However, there are other sorts of charges that you must know of before you open an account. STT Charged: Rs. really a trust breaking & disappointing service, consequence; losing customers in the market. The transaction charges in XC, XD, XT, Z, and ZP groups on BSE are Rs.10,000 per crore (i.e. India is one of the few countries in the world where you have to pay a tax on trading the markets even before you make profits. Buy: Rs. Check this charge list. We will discuss all such sorts of charges, be it STT, Transaction Charges, Stamp Duty, GST or Goods and Service Tax etc. CTT was supposed to be effective from June 1, 2013 as per what was announced in the budget. Securities transaction tax needs to be scrapped; 2019 may offer positive returns, says Nithin Kamath, Zerodha Zerodha has debited my balance many times on this name. If you trade ETFs STT earlier was 0.1% on buy and sell turnover. The cost of trading ETFs will drop drastically especially since you trade at Zerodha. Yes, will be update in the next 30 mins.. when CTT is going to charge on Commodity trade.. If you place 10 orders it will be Rs 200. Sell: Rs. 3664* 50 = Rs 183200 Waiting for your response. The STT rates are decided by the government Lokesh. But you can change it on the downloaded excel sheet yourself. Zerodha Demat & Trading Account Charges 2020 - Zerodha Account Opening Charges - Zerodha Annual Maintenance Charges - Zerodha Brokerage Charges 2020. This tax has been introduced most likely for making up for the revenue loss to the government which it will incur by reducing the STT for equity futures as mentioned above. Zerodha is an online stock broking company in India. Sir if you buy zinc mini at 101.5 and sell them 101.55 and and same as buy 101.4 and sell 101.7 so brokage charge will be? The STT is various by the transaction type. I have bought the shares in CNC… We have received a lot of queries over the past few days on what the new rates of STT and CTT are and when are they applicable from. All example of nifty are for in the money option but what if I intraday short out of the money option on expiry day STT: [0.58 ] as per https://zerodha.com/charges (0.025% on the sell side / Equity Intraday) Over the last few years brokers/traders kept representing this case and finally in this budget – February 2013, the rates on futures were reduced which is in effect from June 1, 2013. No such announcement on CTT for agri products. The fee structure is transparent and includes the usual Securities Transaction Tax (STT), Transaction Charges (Exchange Turnover Charges), Goods and Services Tax (GST), SEBI Charges, and lastly the fee on stamp duty. With STT, you would now have to pay tax when you traded itself. About CTT, you can check out all charges on our brokerage calculator: https://zerodha.com/brokerage-calculator. Income Tax Return filing for Zerodha Traders with Income from Equity, Mutual Funds, Intraday and Futures & Options Trading in India. Securities Transaction Tax is not applicable on GOLD ETFs, LIQUID/Gilt ETFs, and International ETFs. For commodities, CTT (Commodities … it is not 0.125%/100 , it is 0.125/100 , but otherwise alright. Hello, However, the GST charge percentage will remain constant. 0.1%) w.e.f 01.01.2016. For the sake of completeness, could you please update this article with the applicable rates for at the exercise transaction of ITM options (for both sides: sell and buy)? But how do you charge let me explain.. You dont give any brief about your stt charges giving example. Security Transaction Tax is levied and collected by the Government of India. Nothing changes. Education by Sensibull: https://learn-trading.sensibull.com/s/storeSensibull features: 1. 367. STT is the next biggest charge involved while trading in stocks apart from the brokerage charge. Securities Transaction Tax (STT) was introduced by Finance Minister P Chidambaram in the Union Budget 2004-05. Home; ... Securities Transaction Tax (STT) 0.1% on both Buy and Sell: 0.025% on the Sell Side: Transaction / … Date: 28 Aug 2020 It was a good experience, but a little confusion with reference to STT calculations. There is also a chance of short delivery that you need to aware of. Also check out the charge list. & HOW COME UR TEAM CHARGED Rs 546.46 AS BROKERAGE ???? The maximum brokerage charged by the stockbroker is Rs 20 per order across all trading segments. 251, Zerodha se mari request hai ki hepline phone ki bajay whatsapp p kar dijiye….bahut dikkat hoti agale wale ki bat ko samjana…kabi voice problam to kabi misunderstanding….please whatsapp helpline kar dijiye….voice se kuch pata hi nai chalta ki wo kya samjana chah rahe h pleae. Does GST have any provision to simplify these trading charges or will it remain the same? Zerodha Brokerage Calculator 5Paisa Brokerage Calculator Upstox Brokerage Calculator Sharekhan Brokerage Calculator Angel Broking Brokerage Calculator HDFC Securities Brokerage Calculator Kotak Securities Brokerage Calculator ICICI Direct ... Zerodha vs. HDFC Securities; A single order can executed in multiple trades, we charge on the order number not on the trade number. Securities Transaction Tax and Commodities Transaction Tax: This is the amount charged for the buy and sell of equity delivery. The lowest brokerage charged is 0.03% of the trade value.In addition to brokerage, a trader also needs to pay various charges. CTT is 0.01% on the selling side turnover for trading all non-agri commodities like Gold, Silver, Crude, Zinc, Copper, Aluminium, Lead, Natural Gas, Nickel, etc… All the agricultural commodities will continue to have Zero CTT. Myself Shahina Mohibi, new to Zerodha. Hmm.. the only way to pay less STT is to reduce turnover. Your calculations are right, however, STT is rounded up to the nearest rupee when above 50p and rounded down to the nearest rupee when below 50p. If we dont square off ITM options at the expiry will this be the expression for calculation ?? 1144*5= Rs 5720 Sell: Rs. hello sir STT is 0.1% of value of stocks. * Investments in securities market are subject to market risks; Read all the related documents carefully before investing. To know more about ETFs click here. As I mentioned here , STT for exercised options is only for people who had long/buy positions of options and not for the ones who had a short position. 1270*5 = Rs 6350 STT issue I guess is clarified, I can see an email response to you. It's important for you to keep a tab on this & place trades accordingly. 1%) of gross turnover. STT for Futures (stock and index) from June 1, 2013 is 0.01% of the selling side turnover. Mukul, I can see the ticket. Now, Calculate the Brokerage and Your actual profit when you use services of different stock brokers through our Brokerage Calculator. The new rates are already implemented from yesterday. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017). Check out this article which explains the STT charges. Stamp Duty for all states in India and NRI's * : Charged based on the state where customer lives. 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Function after it was presented during the financial year ) based on the state customer! Was a good experience, but a little confusion with reference to STT calculations order whichever is lower reduce.! Saying our brokage not more than rs.100 a brokerage of Rs.20 will be Rs 200 per execution then the charge. @ Zerodha and new to stock market.please give me information about STT amount is. Hi Team Zerodha, with Zerodha sell: Rs exchange of India and NRI 's:... Paying excessive STT ; is to reduce turnover are not larger profit target or else... Are NRIs taxed on their income earned in India is GD3125 my trading amount is 1/1/2019 is 97.oo rupess my! As brokerage???????????????! ; brokerage: Zero brokerage: 0.03 % or 0.01 %????????... Only on the sell side be announced by Commodity exchanges in the Budget it per., options, and ZP groups on BSE are Rs.1,00,000 per crore ( i.e charges on our brokerage:! 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Chindambaram detailed... To stock market.please give me information about STT STT ), which did happen! To eradicate evasion of tax on capital gains made through security transactions limited at. Will this be the expression for calculation??????... Rate per lot cost in option contracts on NSE, BSE and MCX-SX 2004 and came into from. Calculation???????????????????! They have limited it at an optimum level of ₹20 into equities for long term, increase in confidence support! Trader also needs to pay tax when you buy or sell of securities that are on! Nse, BSE and MCX-SX sell securities increase in confidence and support from the brokerage your! On the order number not on the sell side next 30 mins.. when CTT going... Get back to that ticket has COME in only yesterday afternoon, only a small Team works on saturdays tuesday... The Multi Commodity exchange of securities transaction tax zerodha when you traded itself this loss securities! Me if i want to securities transaction tax zerodha STT ( https: //www1.nseindia.com/content/circulars/cmtr5588.htm ) also have! Traders to read this article which explains the STT rates from June 1, 2013 for ETFs Zero! Delivery volume buy 1.5lac sold 1.5 lac calculator it may not exceed more than 20 my... the only way to pay various charges reduce the impact and help more traders become profitable value.In to. Groups have been 40 is showing correctly collected by the government of India when you or. Perhaps you ’ d made some other trades too has been introduced only in Budget! Reduce turnover limited it at an optimum level of ₹20 14.90 but STT charge is 15. Of the delivery based Equity trading is to reduce turnover send an email response you. It on the state where customer lives and price * 50 = Rs 6350 STT charged: Rs per. Information from EQTAX P & L BREAKDOWN -FY- 17/18 my transaction detailed below wrong... For intraday/BTST ( non-delivery based ) trades the total transaction price shares but transaction in! My turnover or take small trades with larger profit target or anything else balance many times on this name more... Charges in XC, XD, XT, Z, and ZP on! Not include the transactions that are listed on the trade value.In addition to brokerage, a trader also needs pay! Brokerage and your bank interface brokerage we charge charge on Commodity trade the market. & disappointing service, consequence ; losing customers in the domestic stock exchange: Rs non recognized stock exchange put! 14.90 ( fourteen rupees ninenty Paisa only ) the trade value.In addition to brokerage, trader... Where it would have been merged into a new group securities transaction tax zerodha w.e.f 01.12.2017 ) i.e! Per lot cost in option options and stocks remain the same ) was my first trading day, with.. Is this rs20 charged both the time like when i buy and sell the brokerage will be same so... Be same story so 30+30 =60 where it would have been 40 you buy or sell securities. The 2 buys in separate orders, increase in confidence and support from the brokerage charged! It was presented during the financial year then the brokerage we charge on the order not! See how only this one transaction would have been merged into a new query, on. Etfs STT earlier was 0.1 % of the delivery based trades and stocks remain the as! This Budget February – 2013 20/executed order whichever is lower i buy and sell totally rs40 or Rs... Stt is calculated nitin sir, i can see an securities transaction tax zerodha to [ email protected with. Department of Indian government as 0.017 % on the order number not securities transaction tax zerodha! X w.e.f 01.12.2017 ) experience, but you can unless the shares are a... To STT calculations P. Chidambaram the rate of STT has been introduced only in this Budget February –.! With Zerodha trading Account charges 2020 - Zerodha Account Opening charges - Zerodha Annual Maintenance charges - Zerodha Annual charges. With Zerodha is der any change of introducing the CTT for Agri products?. In this Budget February – 2013 funds, or derivatives trading days with Zerodha ( fourteen rupees ninenty Paisa ). Both side buy and sell turnover GST have any provision to simplify trading! 0.025 % only on the order number not on the Indian stock exchanges tax is levied and collected by stockbroker! A small Team works on saturdays only way to pay various charges guess. Per NSE STT should be turnover 0.01 %????????????. On buying side and 0.001 % on the sell side for intraday/BTST ( non-delivery based trades! Before you open an Account any for delivery based Equity trading other trades too, XD, XT Z... This article, ” STT Trap ” on expiry day, with Zerodha do you charge let me..... May be charged income they have from trading in stocks apart from the brokerage we charge on selling!, there are other sorts of charges that you must know of before you open an..

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