CLARIFICATION ON STT CHARGES AND IS THERE CHARGES FOR ORDER ENTRY AND CANCELATIONS?
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It is obvious that govt charges will be more than brokerage charges even on intraday basis( u can see zerodha brokerage calculator), no charges for order cancelation
As taxes are levied on turnover and brokerage is a Flat rate of Maximum Rs20/ per order, the STT will usually be higher depending on your turnover. Here are the links to the brokerage calculator & charge sheet which give accurate info
https://zerodha.com/brokerage-calculator
https://zerodha.com/charge-list
And there are no charges for cancelations - only executed orders
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Exactly!! Government ripping off… either they should stop the STCG or STT… non sense.
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