Changes in Stamp duty affecting Your Stock Exchange Transactions

Posted Date: 04-Nov-2010	Category: Stocks Market
Author: naduvilmadam	Member Level: Gold	Points: 5 (Rs 2)

Changes in Stamp duty affecting Your Stock Exchange Transactions

The Stamp Duty levied on trades executed through your Online Account or otherwise to all trades emanating from clients in Kerala has been revised, with effect from 02nd November, 2010, for Cash Segment and for Futures & Options Segment of Indian Stock Markets. The revised rates are as per the Stamp Duty charged in the state in which the client resides. Mentioned below the old and new rates for your reference

Delivery

0.005 (Max Rs. 50/- per contract)
0.01 (Max of Rs. 250/- per contract)
Jobbing

0.005 (Max of Rs. 50/- per contract)
0.002 (Max of Rs. 250/- per contract)
F&O Segment

0.005 (Max of Rs. 50/- per contract)
0.002 (Max of Rs. 250/- per contract)

For clients residing in states other than the ones mentioned above, Stamp Duty continues to be levied as is currently being charged (i.e. as per the rate applicable in the State where the client resides. Please follow these columns for further changes in Stamp Duty, if any.

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