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Brokerage Calculator
How Brokerage is Calculated
This calculator estimates the total cost of an equity delivery trade in India, including brokerage, statutory taxes and exchange charges, based on the quantity of shares and price per share you enter.
Turnover = Quantity × Price per Share
- Brokerage = 0.03% of turnover
- STT (Securities Transaction Tax) = 0.025% of turnover
- Exchange Transaction Fee = 0.00325% of turnover
- SEBI Fee = 0.0001% of turnover
- Stamp Duty = 0.003% of turnover (buy side)
- GST = 18% of (Brokerage + Exchange Fee)
Total Charges = Brokerage + STT + Exchange Fee + SEBI Fee + Stamp Duty + GST
Actual rates vary slightly by broker, exchange and state (for stamp duty), so use this as an estimate rather than an exact bill.
Brokerage Calculator FAQs
What charges are included in this brokerage calculator?
This calculator includes brokerage (0.03% of turnover), Securities Transaction Tax or STT (0.025%), exchange transaction charges (0.00325%), SEBI turnover fee (0.0001%), stamp duty (0.003% on the buy side) and 18% GST on brokerage plus exchange charges. Actual rates can vary slightly by broker and instrument type.
Why is GST only charged on brokerage and exchange fees, not on the full turnover?
In India, GST (18%) applies only to the services rendered by the broker and exchange — that is, the brokerage fee and exchange transaction charges. Statutory levies like STT, SEBI fees and stamp duty are government charges and are not subject to GST.
Does stamp duty apply on both buy and sell transactions?
No, stamp duty in Indian equity trading is charged only on the buy side of a delivery transaction, while STT is typically charged on both buy and sell for delivery trades (this calculator applies STT and stamp duty per the standard delivery-trade convention).
Why do brokerage charges matter for my overall returns?
Brokerage, taxes and statutory charges reduce your effective returns on every trade, especially for frequent traders or those trading in high volumes with thin margins. Comparing total charges across brokers and trade sizes helps you estimate your true cost of trading and choose a more cost-efficient broker or trading frequency.
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