Are there any additional charges, other than brokerage?

Are there any additional charges, other than brokerage?

There aren’t any additional or charges, however, you have to pay the standard government taxes.


         CHARGES

EQUITY DELIVERY

EQUITY INTRADAY

EQUITY FUTURES

EQUITY OPTIONS

        BROKERAGE

0.3%

0.03%

0.03% 

Rs. 50 per lot

         STT/CTT

0.1% on buy and sell

0.025% on the sell side

0.01% on the sell side

0.05% on Sell Side(on Premium). 0.125% on Buy-side if the Option is exercised.

         TRANSACTION/

         TURNOVER
         CHARGES

NSE: 0.00345% BSE:  0.003%

(It may be change according group of securities)

NSE: 0.00345% 

BSE:  0.003% 

(It may be change according group of securities)

NSE: 0.002% BSE: 0.0005%

NSE: 0.053% | 

BSE: 0.025%

        GST

18% on (brokerage + transaction charges)

18% on (brokerage + transaction charges)

18% on (brokerage + transaction charges)

18% on (brokerage + transaction charges)

        SEBI CHARGES

0.00005% on total turnover

0.00005%

on total turnover


0.00005% on total turnover

0.00005%

on total turnover

Click here to view stamp charges for different states




For a better understanding read below- 


STT: Securities Transaction Taxation
CTT: Commodity Transaction Taxation. Tax charged on Non-Agri commodities' turnover.

Securities/Commodities transaction tax

This is a tax charged by the government. It is charged on buying and selling of equity. For intraday, futures and options, it is only chargeable when you sell shares. 

Transaction Charges

Transaction/Turnover Charges are charged as a percentage of the total turnover. BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs. 10,000 per crore w.e.f. 01.01.2016

Exchange transaction charges + Clearing charges.

Charged by exchanges (NSE, BSE, MCX) and clearing member.

Clearing charge is the fee levied by the Clearing Member (ISSL) for settling all Futures & Option trades done by the client on the exchange.

Stamp charges

Charged as per the state of the client's correspondence address.

GST

The tax levied by the government on the services rendered. 
18% of ( brokerage + transaction charges)

SEBI Charges

Charged @ 0.00005% on total turnover by Securities and Exchange Board of India for regulating the markets.

DP (Depository Participant) charges

₹17 or .02% + GST (Whichever is higher) per scrip (irrespective of quantity), on the day, is debited from the demat account when stocks are sold. 

₹25 flat per MF Instruction (irrespective of quantity), on the day, is debited from the demat on redemption. This is charged by the depository (CDSL) and Swastika Investmart.

AMC (Annual maintenance charges)

₹250/year + GST

Payment gateway charges

₹8 + GST

  • Swastika reserves the right to revise the tariff schedule from time to time, with notice of 30 days. The notice may be given by ordinary post, email or on the website.

  • For all purposes, unless otherwise mentioned, the bill date shall be considered as the date of demand and the bills will be considered as the bill cum notice for payment and 

  • Swastika reserves the right to freeze the depository account for the debit transaction in case of non-payment of charges after two days from the bill date. Interest @ 18% p.a. will be charged on the outstanding bill amount if not paid within the due date.

  • Government levies (such as GST) is applicable on all above charges except Account Opening - Documentation Charges which is inclusive of GST.

  • The brokerage will not exceed the rates specified by SEBI and the exchanges bodies.

  • All statutory and regulatory charges levied are standardized. 

  • Brokerage is also chargeable for expired, exercised, and assigned /options contracts. 


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