Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.
When trading at KSL, STT/CTT can be a lot more than the brokerage we charge. Important to keep a tab.
Charged by exchanges (NSE, BSE) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to INR 10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to INR 1,00,000 per crore of gross turnover.
BSE has revised transaction charges for group A, B and other non-exclusive scrips (non-exclusive scrips from group E, F, FC, G, GC, W, T) at INR 375 per crore of turnover on flat rate basis w.e.f. December 1, 2022.
Additional charges of INR 50 per order (+18% GST) for orders placed through a dealer at KSL including auto square off orders.
Stamp charges by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
If the account is in debit balance, any order placed will be charged INR 50 per executed order.
Tax levied by the government on the services rendered. 18% of (Brokerage + SEBI charges + transaction charges)
Charged at INR 10 per crore + GST by Securities and Exchange Board of India for regulating the markets.
INR 20 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (KSL).
INR 20 + GST per pledge request. INR 20 + GST for unpledging.
INR 2,000 / year + GST charged annually
INR 20 plus GST will be charged for OFS / buyback / takeover / delisting orders placed through Console.
INR 50 or 0.05% of the transfer value (whichever is higher).
First CMR request is free. INR 20 + INR 100 (courier charge) + 18% GST for subsequent requests.
INR 9 + GST (Not levied on transfers done via UPI)
Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account.
Experience flexible and reduced brokerage plans by KSL
Note:
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide BSE notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and NSE circular no. NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Prevent Unauthorized Transactions in your trading and/or demat account – Update your
Mobile Number and / or email IDs with your Stock Broker and / or Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day / information of your transactions directly from Exchange on your mobile/email at the end of the day………………….issued in the interest of investors.
“KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.”
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.”