Stamp duty is levied on value of shares transferred. In India stamp duty is levied by various states and hence rate of stamp duty varies from state to state.

Stamp Duty On Shares | The Motley Fool UK

In Maharashtra, the stamp duty rate for Cash Market other than Government Securities and Derivatives Market Turnover non-delivery is:. Futher as per SEBI guidelines FII's are required to settle the transactions by delivery only and therefore sr.

The above information provided is for a general guidance only. The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up. Nature of securities Rate of Fee 1. All sale and purchase transactions in securities other than debt securities 0.

Tax when you buy shares: Overview - obupexeh.web.fc2.com

In Maharashtra, the stamp duty rate for Cash Market other than Government Securities and Derivatives Market Turnover non-delivery is: Type of Trade Stamp Duty Rate Non-delivery trade 0.

However if the services are partly performed outside India and payment is received in convertible foreign exchange within 6 months, then the services will be treated as Export of Services and will be exempt from levy of Service Tax Securities Transaction Tax STT Sr. Taxable securities transaction Tax rate from June 1, upto May 31, Tax Rate w. June 1, Payable by 1. Purchase of an equity share in a company, where such contract is settled by the actual delivery or transfer of such share or unit. Purchase of a unit of an equity oriented fund, where such contract is settled by the actual delivery or transfer of such share or unit.

NIL NIL NA 2.

Sale of a equity share in a company, where such contract is settled by the actual delivery or transfer of such share or unit 0. Sale of a unit of an equity oriented fund, where such contract is settled by the actual delivery or transfer of such share or unit 0.

Related Links Watch the market live! Equities Stock Watch Charts Map of the Market Get real-time market analyses! Verifying your trades Registering a complaint Getting NSE certification Did You Know The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up.

Transaction Costs

Brokers and collected from their clients. However if the services are partly performed outside India and payment is received in convertible foreign exchange within 6 months, then the services will be treated as Export of Services and will be exempt from levy of Service Tax.

Purchaser- on the value of taxable securities transaction based on the volume weighted average price. Sale of a equity share in a company, where such contract is settled by the actual delivery or transfer of such share or unit. Seller - on the value of taxable securities transaction based on the volume weighted average price. Sale of a unit of an equity oriented fund, where such contract is settled by the actual delivery or transfer of such share or unit.

Sale of an equity share in a company or a unit of an equity oriented fund, where such contract is settled otherwise than by the actual delivery or transfer of such share or unit.