Arun (associate) (24 Points)
04 June 2009Hi 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?
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative )
(771 Points)
Replied 04 June 2009
The brokerage % is different in every trading firm and can also be negotiated.
Rahul Chobdar
(Chartered Accountant (Financial Manageme)
(561 Points)
Replied 09 June 2009
Rightly said by Sourabh
CA Mayur in Deloitte
(CA b.com rank holder)
(125 Points)
Replied 20 June 2009
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
CAclubindia
