They are charging stamp duty on option Rs. 95 for a turn over of Rs. 6400/- dear finvasia will you please describe how do you guys calulate stamp duty ?
http://www.anmi.in/downloads/STAMP DUTY PAYABLE_STATE WISE.xls
this document from ANMI website for my state say 0.002% for my state.
According to zerodha's website it's 0.001% or max Rs.50/day.
Do please describe how are you guys calculating ?
Coz I calculate like this : -
0.002% of Rs 6400 = Rs. 0.13
Please someone correct me if I am making any mistake. Even Rs.9/trade of SAS is much cheaper than your
Zero Brokerage ? Do you guys think traders are fools here ?