Indian Brokerage & Taxes Calculator
Calculate STT, GST (18%), exchange turnover fees, SEBI charges, and net break-even for Zerodha, Groww, and Angel One.
How the Calculation Works
Read parameters and compute total exposure: multiply order quantity by contract unit multiplier.
Evaluate terminal return at the selected target price using strict financial mathematical boundary logic.
Deduct upfront capital commitments, taxes, or net debits to produce final net profit or loss realization.
Calculation Formula
Example Calculation
Buying 100 shares at ₹1,000 and selling at ₹1,050 intraday via Zerodha.
Turnover is ₹2,05,000. Brokerage is ₹40, STT is ₹26, Stamp Duty is ₹3, GST is ₹8.33, yielding net ₹4,916.37.
Assumptions & Parameters
- Statutory tax rates follow official schedules prescribed by NSE, BSE, SEBI, and Indian Stamp Act.
Frequently Asked Questions
How are Indian stock market brokerage charges calculated?
Brokerage is calculated either as a flat fee per order (e.g. ₹20 on Zerodha) or a percentage of trade turnover depending on broker.
What is STT and when is it levied?
STT (Securities Transaction Tax) is a direct tax on securities transactions. For intraday equity, it is 0.025% on the sell side only.
Why is GST charged at 18%?
GST at 18% is applied strictly to taxable service components (brokerage commission, exchange transaction charges, and SEBI turnover fees).
What is Stamp Duty?
Stamp duty is a state government levy charged on the buy-side transaction value (0.003% for intraday, 0.015% for delivery).
What are SEBI turnover charges?
Regulatory fees levied at ₹10 per crore (0.0001%) on total trade turnover.
Why do net break-even points matter?
Break-even points show the exact price movement required just to cover round-trip brokerage and taxes before generating net profit.