Securities/ Commodity transaction tax (STT/CTT) is a direct tax, similar to TCS or TDS, levied by the govt. for transactions executed on any recognized exchange in India. STT is charged at 0.1% on both buy and sell side turnover of equity delivery ...
Excess securities (in the form of margin pledge/re-pledge) with a trading member (TM), clearing member (CM), or clearing corporation (CC), after adjustment of the 225% of the margin liability, need not be unpledged for the purpose of periodic ...
The services performed by the Depository Participant are listed below: Account Opening & Maintenance Dematerialization of Securities & Mutual Funds Rematerialization of Securities & Mutual Funds Transfer of Securities & Mutual Funds Pledging / ...
IIFL accept listed equity, Open ended Mutual funds (subject to IIFL scrip categorization). Collateral stock, Fixed Deposits and Bank guarantee are accepted for the derivative segment SPAN margin.