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:
Equity Delivery:
Securities Transaction Tax (STT): 0.1% only on the turnover (on both buy & sell)
Transaction charges: 0.00345% per trade on buy & sell under NSE. BSE charges vary as per the stock (scrip) group:
For stocks in group A, B, E, F, FC, G, GC, I, W & T, the BSE transaction charges are ₹3.00 per lakh.
For stocks in group SS and ST, the BSE transaction charges are ₹1000 per lakh.
For stocks in group XC, XT, XD, Z, P and ZP and M, MT the BSE transaction charges ₹100 per lakh
Transaction charges: ₹3.00 per lakh for Offer to Buy Segment and Offer to Sale Segment under BSE.
*Stamp duty: 0.01% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
Equity Intraday:
STT: 0.025% only on sell side turnover
Transaction charges: 0.00345% on turnover under NSE. BSE charges vary as per the stock (scrip) group:
For stocks in group A, B, E, F, FC, G, GC, I, W & T, the BSE transaction charges are ₹3.00 per lakh.
For the stocks in group SS and ST, the BSE transaction charges are ₹1000 per lakh.
For the stocks in the groups XC, XT, XD, Z, P and ZP and M, MT, the BSE transaction charges are ₹100 per lakh
Transaction charges: ₹3.00 per lakh for Offer to Buy Segment and Offer to Sale Segment under BSE.
*Stamp duty: 0.002% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
Equity Futures:
STT: 0.01% only on sell side turnover
Transaction charges: 0.0020% on turnover under NSE
*Stamp duty: 0.002% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
Equity Options:
STT: 0.05% only on sell side turnover
Transaction charges: 0.053% on turnover under NSE
*Stamp duty: 0.002% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
Currency Futures:
STT: 0
BSE-Currency Exchange turnover charges: 0.00022%
NSE-Currency Exchange turnover charges: 0.0009%
*Stamp duty: 0.002% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
Currency Options:
STT: 0
BSE: Exchange turnover charges: 0.001%
NSE: Exchange turnover charges: 0.04%
*Stamp duty: 0.002% on turnover
SEBI fees: ₹10.00 per crore on turnover
MCX Commodity Futures:
CTT: 0.010% only on sell side turnover (non-agri)
Transaction charges: 0.0026% on turnover
*Stamp duty: 0.001% on turnover
SEBI fees: ₹10.00 per crore on turnover plus 18% GST
MCX Commodity Options:
CTT: 0.05% only on sell side turnover
Transaction charges: Rs. 50/- (Rs per lakh of premium value)
*Stamp duty: 0.001% on turnover
SEBI fees:₹10.00 per crore on turnover plus 18% GST
*Stamp duty charges are estimated using rates provided by the Maharashtra government. For clients residing in other states, the rates may differ.
GST of 18% is applicable on transaction charges, brokerage and SEBI fees. For more details, click here.
If your query is still not resolved, please raise a ticket here.
Happy Trading,
Team Upstox