Thursday, September 25, 2008
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COSTS OF INVESTING IN EQUITY

COSTS OF INVESTING IN EQUITY

You will need to incur the following costs for investing in equity:


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Brokerage charges
When you open a broking account with a broker, you are charged a nominal one-time fee.
Demat charges
These are charges levied for maintaining your demat account.
Payment of Securities Transaction Tax (STT)
Investing in equity involves paying of Securities Transaction Tax (STT) while buying as well as selling shares.
Payment of Service Tax (ST) and Education Cess (EC)
Service Tax (ST) and Education Cess (EC) are other indirect taxes levied by the Government.
 
 
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Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
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