Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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I have a further query:
A) If i place a CNC buy order, but sell on the same day, what will be the brokerage charged?
1. charged as CNC (0.1% or Rs. 20/-, whichever is lower) because i ordered it as CNC
OR
2. charged as MIS (0.01% or Rs. 20/-, whichever is lower) because order was squared off on same day.
I ask this because with the turnovers that i will deal with, more often than not, 0.01% (for MIS) will be less than Rs. 20/- for my trades but 0.1% (for CNS) will be more than Rs.20/-
A) If i place a CNC buy order, but sell on the same day, what will be the brokerage charged?
1. charged as CNC (0.1% or Rs. 20/-, whichever is lower) because i ordered it as CNC
OR
2. charged as MIS (0.01% or Rs. 20/-, whichever is lower) because order was squared off on same day.
I ask this because with the turnovers that i will deal with, more often than not, 0.01% (for MIS) will be less than Rs. 20/- for my trades but 0.1% (for CNS) will be more than Rs.20/-
Tax exemption limit could increase to Rs 3 lakh
Source ZEE News:-
In order to provide the much needed relief to people, a Parliamentary panel scrutinising the Direct Taxes Code (DTC) Bill has suggested raising the income tax exemption limit to Rs 3 lakh and also hiking deduction on savings to Rs 2.5 lakh.
Note:- The income tax exemption in the original DTC Bill has been proposed at Rs 2 lakh earlier.
It would be a positive surprise, if implemented in Budget. Lets Hope. Cheers.
Source ZEE News:-
In order to provide the much needed relief to people, a Parliamentary panel scrutinising the Direct Taxes Code (DTC) Bill has suggested raising the income tax exemption limit to Rs 3 lakh and also hiking deduction on savings to Rs 2.5 lakh.
Note:- The income tax exemption in the original DTC Bill has been proposed at Rs 2 lakh earlier.
It would be a positive surprise, if implemented in Budget. Lets Hope. Cheers.
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