.THE DETAILS ARE AS FOLLOWS WHICH ARE VERY SHOCKING : 367. TOTAL CHARGES₹1,113.26 Sell: Rs. I hope you have earned a lot while making a client fool telling we dont charge any for delivery.. Zerodha trading platform is equipped with many built-in tools and indicators to help you in trading and taking positions. Date: 27 Apr 2020 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. You charged me 364 stt. Waiting for your response. Hmm.. the only way to pay less STT is to reduce turnover. Is der any change of introducing the CTT for Agri products?? For Intraday equity trading, it is charged at 0.025% only on the Sell Side. It is charged on both sides for Delivery trades in Equity. It charges zero brokerage on equity delivery trades. If you place 10 orders it will be Rs 200. 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]. Perhaps you’d made some other trades too? Stamp Duty for all states in India and NRI's * : Charged based on the state where customer lives. Just have a doubt on the charge of rs 20 in currency. STT is an indirect tax that is collected on every transaction associated with securities listed on recognized stock exchanges. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017). Zerodha Trading Platforms offer commodity trade in Metals such as Gold, Silver, Copper, and Zinc in addition to one energy commodity, Crude Oil. The intent behind waiving off was to encourage people to invest into equities for long term. Only benefit will be on stamp duty which varies from state to state. What is that for? STT issue I guess is clarified, I can see an email response to you. 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. Trade details for Equity-intraday transactions on 06/04/2018 Equity futures: 0.002% or ₹200 / crore on buy side, To see the complete list of charges at Zerodha, please, Current Buybacks, Takeovers and Delisting - February 2021, Company, Partnership and HUF Account Opening. Buy: 562 If it is treated as several trades as per execution then the brokerage will be more than 40 for 1 leg ! Total charges were 20.02. I have checked the rates but not matching with the amount which is actually charged for this transaction. A study on STT in Options Trading. Zerodha Brokerage becomes applicable every time you place an order. Different STT rates are applicable for Equity (cash) and Futures and Options (F&O) transactions. 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, Equity - NSE - 0.00325% of turnover, BSE -  0.003% 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%. Buy: Rs. ... the abolition of STT or Securities Transaction Tax (STT). If you trade ETFs STT earlier was 0.1% on buy and sell turnover. 0.015% or ₹1500 / crore on buy side: 18% of the brokerage and transaction charges: INR 5 / crore: Equity intraday Pls correct me if i’m wrong:(Strike Price+Option premium)*lot size*no of lots*0.125%/100. The transaction charges in XC, XD, XT, Z, and ZP groups on BSE are Rs.10,000 per crore (i.e. Buy: Rs. Security Transaction Tax (STT) is not decided by individual brokerage firms. It's important for you to keep a tab on this & place trades accordingly. STT Charged: Rs. 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. Zerodha charge Securities Transaction Tax (STT) based on the trading segment. I see that ticket has come in only yesterday afternoon, only a small team works on saturdays. If SST is charged at the rate of 0.025 or 0.01, the STT amount should be very less and not Rs. However, the GST charge percentage will remain constant. Zerodha has debited my balance many times on this name. STT is levied on trades on the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and other recognized stock exchanges. whether i should increase my turnover OR take small trades with larger profit target or anything else? If we dont square off ITM options at the expiry will this be the expression for calculation ?? But we have yet to receive any notification from FMC – Forward Markets Commission (commodity regulator) or MCX/NCDEX (commodity exchanges) asking us to follow the new rates. hello sir With STT, you would now have to pay tax when you traded itself. THIS IS A BIG SHOCK TO ME, REGARDS What I can’t see how only this one transaction would have been charged at Rs.114. How Zerodha's young founders, Nithin and Nikhil Kamath, made their way to the Rich List ... What brokers charged as securities transaction tax or brokerage was often not clear to the client. It facilitates trading in commodities through the Multi Commodity Exchange of India and if often referred to as MCX options Trading. Refer to the ETF product brochure from NSE for more information. Sell: Rs. I have bought the shares in CNC… The transaction charges in XC, XD, XT, Z, and ZP groups on BSE are Rs.10,000 per crore (i.e. But how do you charge let me explain.. You dont give any brief about your stt charges giving example. if i want to calculate with greater multiples which charges will be changed which are not? It was a good experience, but a little confusion with reference to STT calculations. STT or Securities Transaction Tax is a tax payable by Investors & Traders to the Central Government and therefore is categorised as a Regulatory Charge. it is not 0.125%/100 , it is 0.125/100 , but otherwise alright. SIR, yesterday i have bought 20600 strike put @20 Rs. Securities Transaction Tax (STT) was introduced by Finance Minister P Chidambaram in the Union Budget 2004-05. If i trade t.day in Futures i should pay STT as 0.017% or 0.01%?? Zerodha is an online stock broking company in India. The rate at which STT is levied depends on the type of security such as equity or bonds and type of the transaction … Securities Transaction Tax is not applicable on GOLD ETFs, LIQUID/Gilt ETFs, and International ETFs. Sell: Rs. But as per zerodha you charged 364rs. For equity intraday: 0.025% of the selling side turnover. Up to 2016, it constituted 0.1% of the delivery based equity trading. As i can see when you do a day trading there is very rare chance to have an order executed in one-shot , specially when you have more quantity such as 5,000 etc.. Here my profit is 14.90 but stt charge is rupees 15. Manish, OTM options expire worthless. Income Tax Return filing for Zerodha Traders with Income from Equity, Mutual Funds, Intraday and Futures & Options Trading in India. 3664* 50 = Rs 183200 Minister, P. Chindambaram Qty: 100 sell: Rs ) came into function after was! 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