Investing in Shares
Investing in Shares - In this blog, we will discuss the charges involved during trading & investment Investing in shares A person cannot go directly to the stock market to buy or sell shares. Buying and selling of stocks have to be done through brokers. There are various costs involved in such transactions. It is important to understand the same to arrive at the real cost of buying or selling. Brokerage This is the charge levied by the stockbroker for transactions carried out by the investor based on the value of the contract or the flat rate. Securities transaction tax Securities Transaction Tax is a direct tax charged on the purchase and sale of securities that are listed on the recognized stock exchanges in India. STT rate is 0.1% of the transaction value for delivery-based equity share trades. Stamp duty or GST Stamp duty is charged by the state government as the transaction involves the transfer of securities from one p