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Note1: The minimum brokerage that is applicable in the Kotak High trader Account is 4 paise on delivery and 4 paise in the cash segment.
Note2: It is possible that an investor who trades in higher volumes, can move to a higher level and avail brokerages lesser than that pertaining.
Service Tax of 12.36% of brokerage will be charged in addition.
The brokerages charged are as per the volumes that are achieved. Based on these volumes a client can be either debited or credited an amount which is as per the volumes he/she may achieve at the end of the month.
In accordance with the National Stock Exchange, the new revised STT rates are as mentioned below
Securities Transaction Tax (STT) @ 0.125% of turnover will be charged in addition to the brokerage on all delivery trades
STT @ 0.025% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the cash market
STT @ 0.017% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the derivative market
-Service tax, STT and other statutory charges are as per current rate and any revision in the rate then,will be applicable "
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