In nifty option intraday my broker charging me stamp duty not on premium but on strike price,
means 5800*50 + 5800*50 = on 580000.00 in gujarat.
Its legal ????????????????
Please help me............
But it is 0.002% of total turnover.
@ZERODHA
in karnataka on delivery and intraday same stamp duty charged?????
means 5800*50 + 5800*50 = on 580000.00 in gujarat.
Its legal ????????????????
Please help me............
But it is 0.002% of total turnover.
@ZERODHA
in karnataka on delivery and intraday same stamp duty charged?????
There is no clear rule on how to charge stamp duty on f&o trades, different brokers charge differently...
The good thing with us is, because all the dealing and generation of contract notes happen in Karnataka , all our clients fall under the Karnataka Stamp duty act.. In karnataka it is 0.01% on premium with a max of Rs 50/ day...
Cheers...