<\/span><\/h3>\n\n\n\nSecurities Transaction Tax is a direct tax charged on the purchase and sale of securities listed on the recognized stock exchanges in India. STT is always calculated on the Average Price.<\/p>\n\n\n\n
The Security Transaction Tax (STT) is a charge only for the sell-side in intraday (charged at 0.025% of the average price traded) and F&O transactions. It will be charged on both sides (buy and sell) for Equity trades (charged at 0.1% of the average price transacted).<\/p>\n\n\n\n
Note:<\/strong> Industry average charges are those that are mandatory charges applicable no matter what brokerage service you use. They are mandatory expenses and are minimum in cost. An Individual Investor\/Trader need not bother about such expenses\/charges.<\/p>\n\n\n\n<\/span>Account Maintenance Charges (AMC) by Zerodha:<\/strong><\/span><\/h2>\n\n\n\nThe Annual Maintenance Charge is now renamed to Account Maintenance Charge. The Account Maintenance Charge (AMC) is the cost to maintain your Demat account and thus, it is applicable only for the Demat account maintained by Zerodha, i.e. your trading account and commodity account will not have any maintenance charge.<\/p>\n\n\n\n
- Rs. 300 + 18% GST – For individuals, HUFs, NRIs, and partnership firms. Amounting Rs. 354 per year.<\/li>
- Rs. 1000 + 18% GST – For corporates, i.e. LLPs and private & public companies. Amounting Rs. 1,180 per year. <\/li>
- For IL&FS Demat (accounts opened before 15th Sep 2015), it is Rs. 400 + 18% GST. Amounting Rs. 472 per year.<\/li><\/ul>\n\n\n\n
Note:<\/strong> The AMC is directly charged from your trading account balance once in a quarter. <\/p>\n\n\n\nBased on the above charges. We can conclude that Zerodha is India’s top \u201cDiscount Brokerage service provider\u201d. Zerodha charges a minimum amount (comparative to other similar service providers) and provides maximum benefits.<\/p>\n\n\n\n