I am Trying a new Strategy for intra day and it works fine. Just for trial i bought some low qty ie 33 shares… Finally end of the trade ended with Gain Rs.44.24. But The contract is saying Just 9 rupees to the client.
NSE-EQ NSE-F&O NSE-CFX BSE-EQ BSE-F&O NET TOTAL
PAY IN/ PAY OUT OBLIGATION 44.25 44.25
Taxable value of Supply (Brokerage)3 (10.17) (10.17)
Exchange Transaction Charges (3.31) (3.31)
CGST (@9% of Brok, Trans & Clearing Charges)4 (0.00)
SGST (@9% of Brok, Trans & Clearing Charges)4 (0.00)
IGST (@18% of Brok, Trans & Clearing Charges)4 (2.43) (2.43)
Securities Transaction Tax (13.00) (13.0)
SEBI Turnover Fees (0.10) (0.10)
Stamp Duty (6.10) (6.10)
Net amount receivable by Client / (payable by Client) 9.14 .
If i buy some huge qty and taking risk with this current market that time also the brokerage and taxes eats the whole profit and will pay me some penny…
Really its too bad…