Zerodha Charges Formula:
| From: | To: |
The Zerodha Trading Charges Calculator helps traders calculate the total cost of trading by summing up various charges including brokerage, STT, GST, SEBI fees, and stamp duty. This provides a clear picture of the actual trading costs involved.
The calculator uses the following formula:
Where:
Explanation: The calculator sums up all individual charges to provide the total trading cost for accurate profit/loss calculations.
Details: Accurate calculation of trading charges is essential for determining actual profitability, tax planning, and making informed trading decisions. It helps traders understand the true cost of their transactions.
Tips: Enter all charge components in rupees. Ensure all values are non-negative. The calculator will automatically sum all charges to provide the total trading cost.
Q1: What Is STT In Trading Charges?
A: STT (Securities Transaction Tax) is a tax levied on transactions involving securities like stocks, derivatives, and mutual funds traded on recognized stock exchanges.
Q2: How Is GST Applied To Trading?
A: GST is applied on brokerage charges and other services provided by the broker at the prevailing rate (currently 18% in India).
Q3: What Are SEBI Turnover Fees?
A: SEBI turnover fees are charges levied by the Securities and Exchange Board of India on the total turnover of transactions to fund market regulation.
Q4: When Is Stamp Duty Applicable?
A: Stamp duty is applicable on delivery-based equity transactions and varies by state. It's calculated on the transaction value.
Q5: Are These Charges Same For All Brokers?
A: While STT and SEBI fees are standardized, brokerage and other charges may vary between different brokerage firms.