Understanding Brokerage Charges in India
When you buy or sell stocks in India, you don't just pay the price of the stock. You also pay several taxes and fees to the broker, the government, and the exchange. This calculator helps you uncover the hidden costs.
- Brokerage: Fee charged by brokers (e.g., Zerodha, Angel One charges ₹20/order).
- STT (Securities Transaction Tax): Direct tax levied by the government.
- Exchange Transaction Charges: Fee charged by NSE/BSE.
- Stamp Duty: State-wise stamp duty (levied only on buy side).
- GST: 18% tax on Brokerage + Transaction Charges + SEBI Fees.
Created by Rahul Kumar, this tool is designed to help traders calculate their exact "Take Home" profit.