Hidden Charged/Taxes besides Brokerage

sahil79

sahil79

Active Member
#1
#1
Hi Frnds, I'm just a novice in the world of stock market. I got a new dmat account with angel on 2/20 paise intraday/delevery and 50 Rs per lot Nifty Future for intraday and 100 Rs for delevery. However I'm not very sure if I have to pay on both legs on intra/delevery or on single leg only and what would be taxes like STT, service charges, transiction charges etc.
If I trade 1 lot nifty intraday and somehow im able to get only 2 points, am I going to earn 50 Rs???
Total points gained= 2 X 50 (1 Lot)=100 Points
As profit= total points gained - brokerage
Profit= 100 - 50 = 50 Rs
Is 50 Rs my earning or I will be charged some hidden charges, too.
If so, on 1 lot nity future intraday, how much will be total taxes/hidden charges?
Please reply.....
Tahnx in advance
 
nac

nac

Well-Known Member
#2
#2
santoshv2k said:
Hi Frnds, I'm just a novice in the world of stock market. I got a new dmat account with angel on 2/20 paise intraday/delevery and 50 Rs per lot Nifty Future for intraday and 100 Rs for delevery. However I'm not very sure if I have to pay on both legs on intra/delevery or on single leg only and what would be taxes like STT, service charges, transiction charges etc.
If I trade 1 lot nifty intraday and somehow im able to get only 2 points, am I going to earn 50 Rs???
Total points gained= 2 X 50 (1 Lot)=100 Points
As profit= total points gained - brokerage
Profit= 100 - 50 = 50 Rs
Is 50 Rs my earning or I will be charged some hidden charges, too.
If so, on 1 lot nity future intraday, how much will be total taxes/hidden charges?
Please reply.....
Tahnx in advance
Click to expand...
You need to pay for both the sides, I guess. Other than brokerage, you have STT, Regulatory Charges, Service Tax and Stamp Duty. You can find those details in this link. http://www.traderji.com/beginners-g...an-brokerage-stock-exchange-transactions.html
There will be no hidden charges. If you get charged extra you call 'em and make a complaint.
You do your math here and find out how much will be the other charges for buying and selling one lot of nifty futures.
 
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