Hi Friends,
I have some basic doubt in share trading.
For Eg. if i'm going to invest 50,000 RS. as Long term Investment on buying share's worth of 100 RS each, wat will be the amount of brokerage it will cost at the time of buying.
And if that share value raise up to 110 RS each, while i'm selling those share's wat amount of brokerage and tax will be deducted.
What would be my Net Profit?
The brokerage % is different in every trading firm and can also be negotiated.
Rightly said by Sourabh
basically for one time its 0.125%+ service tax,,,, u can negoiate
for intra day its .01% + service tax
the % is on turnover that is 50000 in ur case
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