Note: Persons dealing in the securities market will need to pay a GST of 18% on the fees charged by the regulator SEBI. The new tax rate came into effect from 18th July 2022, the market regulator said in a circular.
The breakdown of all the statutory charges levied by the government are as follows:
*On July 1st, 2020, all states will charge uniform stamp duty. Until now, stamp duty was charged at different rates based on your resident state.The central government introduced changes to the Stamp Duty Act last year by introducing a uniform rate of stamp duty to apply on the trading of securities and commodities across all the states in India.
GST of 18% is applicable on transaction charges, brokerage and SEBI fees. For more details, click here
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To know more, you can also read: revision-in-stamp-duty-rates-on-1st-july-2020/