How is brokerage calculated in Indian stock trading?

Brokerage is charged by your broker either as a flat fee (e.g. ₹20 per executed order) or a percentage of turnover (e.g. 0.03%), whichever is lower. Equity delivery is usually ₹0 across leading discount brokers like Zerodha, Angel One, and Dhan.

What is STT (Securities Transaction Tax) and who levies it?

STT is a direct tax levied by the Ministry of Finance, Government of India on every purchase and sale of securities on domestic exchanges. On equity delivery, STT is 0.1% on both buy and sell. On intraday equity, STT is 0.025% on sell side only. On options, STT is 0.1% on option premium on sell side.

What are the other statutory charges besides broker commission?

Other mandatory charges include Exchange Turnover Charges (NSE/BSE), SEBI Turnover Fees (₹10 per crore), State Stamp Duty (0.015% on delivery buy side, 0.003% on intraday buy side), and GST at 18% levied on brokerage plus exchange charges.

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Exchange

Buy PriceStep ₹1 / ₹10

₹

Sell Price+₹15.00 (+3.00%)

₹

Quantity (Shares)Units: 200

Net Realized P&L+14.82% ROI

+₹2,963.90

🟢 Clean net profit after deducting all ₹36.10 brokerage & taxes

Gross P&L+₹3,000.00

Total Taxes & Fees₹36.10

Breakeven Price₹500.18 (+₹0.18)

Total Turnover₹2,03,000

Gross Trade DistributionTurnover: ₹2,03,000

Net Gain (99%)

Brokerage (₹0.00)

Govt Taxes (₹36.10)

⚡

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How Is Stock Brokerage & Net P&L Calculated in India?

When executing trades on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE), the total cost of trading is not solely determined by your broker's commission. Even with discount brokers offering “Zero Brokerage” or “Flat ₹20 per trade”, several statutory and regulatory fees are deducted from your gross profit.

Net P&L Formula:

Net Profit/Loss = Gross P&L − (Brokerage + STT + Exchange Charges + SEBI Fees + Stamp Duty + GST)

Statutory Charges Breakdown (2026 Guide)

1. Securities Transaction Tax (STT)

Equity Delivery: 0.1% on buy & sell. Intraday Equity: 0.025% on sell side. Equity Options: 0.1% on sell side option premium.

2. Exchange Turnover Charges

NSE charges approx 0.00297% on equity intraday/delivery, and 0.03503% on option premium turnover. BSE offers competitive slabs.

3. Goods & Services Tax (GST)

Standard 18% GST is applied strictly on Brokerage + Exchange Transaction Charges + SEBI Fees.

4. State Stamp Duty

Uniform Indian Stamp Act rate of 0.015% (₹1,500/Cr) on delivery buy value, and 0.003% (₹300/Cr) on intraday buy value.

Why Calculate Breakeven Points Before Entering Trades?

Breakeven points specify the exact fractional price increase required for your position to clear all exchange and broker tariffs. Scalpers and high-frequency option traders utilizing sub-second entries rely on our minimalist calculator to prevent overtrading on razor-thin margins.