Equities :
Brokerage is calculated on a per share basis and is rounded off to the fourth decimal .
SERVICE TAX OF 10.36 % of BROKERAGE will be charged additional. It is calculated per share and rounded off to four decimals.
SECURITIES TRANSACTION TAX (STT) EQUITY - 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 at the rate of 0.125% of turnover will be charged in addition to the Brokerage on all delivery trades.
STT at the rate of 0.025% of turnover will be charged in addition to the Brokerage on sell leg of all non-delivery trades.
TRANSACTION CHARGES at the rate of 0.0035% of turnover in NSE and 0.0034% of turnover in BSE will be charged additional. The transaction charge is calculated on per share basis and rounded off to four decimals.
STAMP DUTY at the rate of 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
Derivatives
Brokerage is calculated on a per share basis and is rounded off to the fourth decimal. ( Incase of OPTIONS, brokerage is calculated on per contract lot basis)
SERVICE TAX OF 10.36 % of BROKERAGE will be charged additional.
SECURITIES TRANSACTION TAX (STT)-[(Strike price + Premium)* Quantity]*(0.017 %) . This will be applicable only on SELL transactions.
Transaction Charges for futures @ 0.002% on turnover and for options @ 0.05% on premium will be charged.
SEBI Turnover Charges for futures @ 0.0002% on turnover and for options @ 0.0002% on premium will be charged.
SEBI Turnover Charges will be charged @ 0.0002% on notional value in case of exercise or assignment in options.
Stamp Duty for futures @ 0.002% on turnover and for options @ 0.002% on premium will be charged.
Stamp Duty will be charged @ 0.002% on notional value in case of exercise or assignment in options.
In case if the options contract is expired worthless, there is no brokerage charged on the expired leg. Only if the options contract is exercised / squared-off, brokerage would be charged for such trade. The trades where brokerage has been charged would be included in the eligible turnover for the purpose of rebate. Service Tax,Securities Transaction Tax (STT), Stamp Duty, Transaction Charges and SEBI Turnover Charges will be charged additionally as per the applicable rate.


Best Delivery Scrips
* Buy Spice Communications - Stock may reach Rs.300 levels (4 to 5 months)
* Hold Glenmark target Rs.270 (2 months)
* Buy Hexaware - Target Rs. 75 (3 Months)
* Hold Mundraport Target 550 (3 to 4 months)





Disclaimer :

Contents of this web page have been given in good faith and purely with a technical and independent view. Readers are strictly advised to use this information at their own risk. It is not an offer to act on this information or buy, sell or hold securities. Author would not be liable for any loss or profit arising out of readers acting on the information provided herein.