Liquid beEs nitigrities

General
1

Hi, I have the following questions in Liquid BeEs

  1. Now that Zerodha removed the brokerage for equity delivery, how much will be the changes if I buy/sell 100 liquid bees worth 1lakh (1000/- per unit) including transactional charges and other taxes?

  2. Since liquid bees pay the devident on daily basis interms of patial units (once in a month), what happens when I buy 100 units and buy it after 5 days? will 5 day divident credited into my account even after I sell 100 units?

  3. Lets say I have 100 units of liquid bees today and I spotted a good equity delivery opportunity today. Can I sell Liquid Bess and immediately use the limit to buy some stocks? I know settlement cycle for liquid bee is still T+2

2

  1. No STT on liquid bees, so only exchange transaction charges ( Rs 325 per crore or Rs 3.25 per lakh).

  2. Yes.

  3. You can sell liquid bees and immediately use that funds to buy stocks.

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3

What is the total transaction charge per 1,00,000 Rs of investment in LiquidBees?

4

How do Liquid Bees Transactions affect the Equity Turnover for taxation purpose? Do we include the full sell amount as turnover even in case of liquid bees?

5

Liquid bees can be shown as capital gains and not business income. So there is no question of turnover and all.

6

So, if I am showing it as capital gains, will I be taxed as per STCG (15%) if I sell the liquid bees within a year?

For eg: I buy 1 unit of liquid bees for Rs. 1000 on 1st Oct, 2017. After one month I have accrued, say, additional 0.2 units. Now, If I sell the 1.2 units on 1st Nov, 2017, will my profit of Rs. 200 be treated as STCG and taxed at 15%?