Reduction in SEBI fees w.e.f April 01, 2019


#1

In consideration of it’s objectives and expected income & expenses for the next 3 financial years, SEBI has decided to revise its fee structure for certain market participants as follows -

1. The fees payable by brokers has been reduced by 33.33%, i.e. from Rs.15/ per crore of transactions to Rs.10/ per crore of transactions.

2. The fees payable by brokers for Agri - Commodity derivatives transactions has been reduced by 93.33%, i.e. from Rs.15/ per crore of transactions to Rs.1/per crore of transactions.

This is applicable from April 01, 2019. Refer to page 5 of this SEBI board meeting press release for more.


#2

@Kshiteesh_Saralaya what does this mean for retail traders? Reduction in STT and other such exchange related expenses? Reduction in brokerage?