What is the Security/Commodity Transaction Tax (STT/CTT) at FYERS?
Securities/Commodities Transaction Tax (STT/CTT) is a charge levied by the government during transactions on exchanges. For equity delivery trades, these charges are applicable for both buy and sell transactions. However, for intraday trading, futures, or options, it's only levied on the selling side. The STT rate can vary based on the instrument, such as options or futures, and the underlying contract for commodities. To get a clear idea about the brokerage and charges, we suggest using our Brokerage Calculator. It's worth noting that, as of October, no STT is charged on Currency Futures and Options contracts.
Related Articles
How does FYERS charge for commodity trading?
For those venturing into commodity futures trading with FYERS, our pricing mirrors that of equity futures. Specifically, we charge ₹20 per executed order or 0.03% of the transaction value, opting for the lesser of the two. When it comes to commodity ...
How is the Goods and Services Tax (GST) computed on total charges at FYERS?
GST, or Goods and Services Tax, is a unified tax applied to goods and services. It's levied from the manufacturer or service provider right through to the end consumer. In the securities market, the standard GST rate is set at 18% across all ...
Which statutory charges are imposed by the government and regulatory authorities on trades?
When you conduct a trade in any segment, you're responsible not only for the brokerage but also for specific statutory charges. These may include STT (Security Transaction Tax) for equity transactions, CTT (Commodity Transaction Tax) for commodities, ...
Why Does FYERS Block an Extra Amount on Real-time Orders?
At FYERS, our aim is to keep trading processes transparent and straightforward for our valued customers. When you initiate an order, we earmark a nominal sum from your balance to accommodate the brokerage charges for that specific transaction. This ...
Do I need to pay DP charges for Buy Today Sell Tomorrow (BTST) transactions at FYERS?
Yes, from 19th July 2021 onwards, DP charges will apply to BTST trades due to changes in the settlement process. Previously, DP charges were not levied on such trades. Let’s delve into understanding the impact of these changes and how DP charges have ...