Brokerage Calculator
Calculate exact trading costs in the Indian stock market including all charges and taxes.
₹
₹1₹50000
₹
₹1₹50000
110000
Turnover
₹2,05,000
Gross P&L
+₹5,000
Net P&L
+₹4,915
Charge Breakdown
Brokerage₹40.00
STT (Securities Transaction Tax)₹26.25
Exchange Transaction Charges₹7.07
GST (18%)₹8.51
SEBI Charges₹0.21
Stamp Duty₹3.00
Total Charges₹85.04
Breakeven Analysis
You need the stock to move at least ₹0.85 per share (0.085%) to cover all trading charges.
Broker-specific calculators
Understanding Indian Stock Market Charges
This calculator uses the standard discount broker charge structure (similar to Zerodha, Upstox, Groww). The charges include:
- Brokerage: Zero for equity delivery; Rs 20 or 0.03% (whichever is lower) for intraday and F&O
- STT: Securities Transaction Tax charged by the government on transactions
- Exchange charges: NSE/BSE transaction charges (~0.00345% for equity)
- GST: 18% on (brokerage + exchange charges + SEBI charges)
- SEBI charges: Rs 10 per crore of turnover
- Stamp duty: State-level charge on buy side only
Frequently Asked Questions
What charges are involved in stock trading in India?
Stock trading in India involves multiple charges: brokerage (fee charged by the broker), STT (Securities Transaction Tax charged by the government), exchange transaction charges (charged by NSE/BSE), GST (18% on brokerage + exchange charges), SEBI turnover fee (Rs 10 per crore), and stamp duty (state-level charge on buy side).
How much brokerage do discount brokers charge?
For equity delivery, Zerodha and Dhan still charge ₹0. Upstox (₹20/order or 2.5%) and Groww (₹20/order or 0.1%) moved off free delivery in 2023. For intraday and F&O, all four discount brokers charge ₹20 per order or 0.03-0.1% of turnover, whichever is lower. Traditional full-service brokers charge a percentage of turnover that can be significantly higher.
What is STT and when is it charged?
STT (Securities Transaction Tax) is charged by the government on stock market transactions. For equity delivery, 0.1% is charged on both buy and sell. For intraday, 0.025% is charged only on sell side. For F&O futures, 0.0125% on sell side. For options, 0.0625% on sell side (on premium).
How does stamp duty work for trading?
Stamp duty is a state-level charge applied on the buy side of transactions. The rate varies by segment: 0.015% for equity delivery, 0.003% for intraday, 0.002% for futures, and 0.003% for options. It was unified across states from July 2020 under the Finance Act.
Why is the net profit less than the gross profit from a trade?
The net profit is lower because trading involves multiple charges - brokerage, STT, exchange charges, GST, SEBI fee, and stamp duty. These charges can eat into profits, especially on small price movements. For active traders, understanding total charges is crucial for maintaining profitability.