Share stock tariff?
suppose I bought 1 share of Rs. 100 from open market. or sold within bazaar How much and what types of taxes i am going to remuneration? what will be the final cost come to me?
Answers:
Hey you shall be paying Brokerage which might come and go depending on the volume and and the agreement u hold near that broker it can rise and fall between 0.5% to 2 %. Plus you shall also be paying 1% as Security Transaction Tax.
Roughly you may hold to take-home pay around 1.5% as toll on any buying/selling.
Since you are paying Security Transaction Tax - the rates on profits on shares is 10% if the selling made in 1 year and no excise if made after holding extent beyond 1 year.
There will be a securities transaction levy which is smaller number than 1% ( i am not sure how much - sorry)
If you hold the share for more than one year and market in that is no other excise applicable. if you flog inwardly smaller quantity than one year you will hold to salary short occupancy assets gain charge of 10% on the profits.
you buy one share of company A
the details are as under
cost of share 100.00
brokerage 0.50
service charge 0.62
trasanction charge 0.01 stt 1.00 total cost 102.13.
when u put up for sale , right to be heard at rs 100
u salary rs 1.13 plus stt 1.00 rs 2.13 per share
this is assuming brokerage at 0.5%
service tariff 12.36% of brokerage
transaction tariff 0.01 % on rs 100
stt (a) 0.125% of rs 100, raise to nearest full rupee.
on Intraday trade the brokerage is 0.05% and stt is 0.025%
STT (Security Transaction Tax) is 0.26%, service tariff is 12.24% and brokerage oscillate and is not fixed, it could be anything between 0.40% to 0.80%. STT & SERVICE TAX IS FIXED but u should ask roughly speaking the brokerage charges from you are trading be it through a guard or from any other broker company. There is no funds gain duty if u redem the principal amount after 365 days, but in equity, if u own kept contained by debt fund after its 10% even if u redem after 365 days so brand sure where on earth u hold invested (this entry is applicable when someone investing in mutual funds). angelic luck
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Answers:
Hey you shall be paying Brokerage which might come and go depending on the volume and and the agreement u hold near that broker it can rise and fall between 0.5% to 2 %. Plus you shall also be paying 1% as Security Transaction Tax.
Roughly you may hold to take-home pay around 1.5% as toll on any buying/selling.
Since you are paying Security Transaction Tax - the rates on profits on shares is 10% if the selling made in 1 year and no excise if made after holding extent beyond 1 year.
There will be a securities transaction levy which is smaller number than 1% ( i am not sure how much - sorry)
If you hold the share for more than one year and market in that is no other excise applicable. if you flog inwardly smaller quantity than one year you will hold to salary short occupancy assets gain charge of 10% on the profits.
you buy one share of company A
the details are as under
cost of share 100.00
brokerage 0.50
service charge 0.62
trasanction charge 0.01 stt 1.00 total cost 102.13.
when u put up for sale , right to be heard at rs 100
u salary rs 1.13 plus stt 1.00 rs 2.13 per share
this is assuming brokerage at 0.5%
service tariff 12.36% of brokerage
transaction tariff 0.01 % on rs 100
stt (a) 0.125% of rs 100, raise to nearest full rupee.
on Intraday trade the brokerage is 0.05% and stt is 0.025%
STT (Security Transaction Tax) is 0.26%, service tariff is 12.24% and brokerage oscillate and is not fixed, it could be anything between 0.40% to 0.80%. STT & SERVICE TAX IS FIXED but u should ask roughly speaking the brokerage charges from you are trading be it through a guard or from any other broker company. There is no funds gain duty if u redem the principal amount after 365 days, but in equity, if u own kept contained by debt fund after its 10% even if u redem after 365 days so brand sure where on earth u hold invested (this entry is applicable when someone investing in mutual funds). angelic luck