What is GST in stock market trading?/ How much GST is charged on share trading?
GST is an indirect tax charged on brokerage and other service-related charges associated with trading and Demat accounts. It is not charged on the value of shares purchased or sold. GST is charged at 18% on applicable service charges.
Related Articles
What is the current market price of a stock?
You can add the desired stock to your Watchlist in the trading platform to conveniently monitor its current market price, price movements, and other relevant market information in real time.
How is OFS different from normal market trading?
Unlike normal market trading, OFS is based on a bidding platform provided by the Exchange. All orders placed must be above the base price, also called as floor price set up by the company. Investors can bid for a single share and can even place ...
What is Short Selling in the Stock Market? / What is Short Sell?
Short selling is a trading strategy where you sell shares without owning them, expecting the stock price to fall. The shares are then bought back later at a lower price to earn a profit from the price difference. To short sell a stock, you place a ...
What is meant by stock split?
A company increases the number of shares that are outstanding by issuing more shares to existing shareholders. For example, in a 2-for-1 stock split, every shareholder holding one share is given an additional share. In such a case, the face value of ...
How does Currency trading actually work?
All currency trading is done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. Next, nearly all currencies are priced out to the fourth decimal ...