This levels the playing field, which is beneficial for the smaller brokers. It is just based on this circular.
If these guys cut their competition??
AMC/MF??
Didn’t get the point you want to make.
Is there any truth to the conspiracies that a particular big player enters a sector and magically regulations of that sector change to suit its entry and market share capture?
Please share your insights on this broader subject.
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Similar thing happens in the upi industry, the govt gives them cashbacks based on their transactions. So if they stop getting those, will the banks charge customers for every txn?
I guess we are not far away from that.
Hi @nithin - do you mean 0.03% or 20, whichever is lower - which is your Intraday pricing?
or 0.3% or 20?
Just confirming 
I don’t think so.
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Ah, 0.3% or 20
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@nithin while this move means increased cost to small retail investors, the ones who flocked to zero or cheap brokerage, and enjoyed the free run so far, this move by sebi also makes sure that customer service and satisfaction, technical glitches, unavailability of features etc won’t be accepted by the same users anymore, which they tolerated so far just because of zero/low-cost brokerage. So it’s time for the low-cost brokers to ramp up their technical capabilities, reduce downtime, increase customer satisfaction, and release features and updates that have been pending for years. This means additional cost to the small brokers. Otherwise, a new kid around the block with deep pockets and muscle power, political will for amendments, and deep integration with the regulators and entities in the broking business to devise new frameworks altogether that were never thought of before will make the same users switch from the low-cost brokers leaving them paralyzed. Without taking any names, we’ve seen this happen with other industries in the past.
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The Government of India tried to ban import of LAPTOPS when Jio launched it’s LAPTOPS.
India reverses decision on laptop import restrictions: Report - BusinessToday
The problem is that everyone is busy in HINDU-MUSLIM in INDIA, therefore no one cares to think/protest/investigate all these things. 
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@metallicsigma the govt is fully favour for ambani and adani - now jio increase tarrif , govt kill BSNL
all ports are controlled by adani - comman man have no role in this country
need to awake
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@nithin If you charge the mentioned rate, that is Rs 20 or 0.3% whichever is lower, how much would go to Union Government as GST collection from Zerodha ? Kindly respond. Thanks.
I mean in the long term all the broking firm will be financing the traders via MTF/f&o margin or launch their own AMC/MF without much depending on brokerage?
Hmmm… 18% GST
Financing via MTF, yeah, potentially. But MTF can’t ever get too big. It will always be <10% of brokers’ revenue.
Starting AMC/MF, that is a super crowded market. You need to have enough of a differentiator to do well in the long run.
@nithin Are you also planning to charge brokerage in Mutual Fund transactions 20/ or 0.3% which is lower if you are still running short after Delivery trade brokerage revenue.
No intention of charging anything for MF.
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BSNL was already dead when 3g spectrum came
are they doing it in Israel too 
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Average pathetic decision by SEBI nothing new to see here. The only interesting thing is the conspiracy that ambani might be the one behind it lmao
But they already announced there entry
Jio into Market
Broker’s and others have there own channels, We as traders/investors have less voice because there’s no collective force here to protest 