The stamp duty rates are listed below.

SR NO STATE STAMP DUTY AS PER STATE GOVT. NCDEX REMARK
EQUITY FNO CD NSE MCX
DELIVERY INTRADAY
1 Andhra Pradesh* 0.005% 0.005% 0.005% 0.005% 0.005% 0.005% Max Rs. 50/day
2 Delhi 0.01% 0.002% 0.002% 0.002% 0.001% 0.001%
3 Gujarat 0.01% 0.002% 0.002% 0.002% 0.001% 0.001%
4 Haryana 0.01% 0.002% 0.002% 0.002% 0.001% 0.001% Max Rs. 500/day for Eq delivery and commodity. Max Rs. 200/day for Eq intraday, FNO & Currency
5 Karnataka 0.003% 0.003% 0.003% 0.003% 0.003% 0.003%
6 Kerala 0.01% 0.002% 0.002% 0.002% 0.001% 0.001%
7 Madhya Pradesh* 0.01% 0.002% 0.002% 0.002% 0.002% 0.002% * max Rs. 50/day, in case of FO, CD & commodites
8 Maharashtra 0.01% 0.002% 0.002% 0.002% 0.001% 0.001%
9 Rajasthan 0.003% 0.003% Fut- 0.001% 0.001% Agri: 0.0005%
Opt-0.002% Non Agri: 0.001%
10 Tamil Nadu 0.006% 0.006% 0.006% 0.006% 1) 30 paisa for every unit of Cotton, Kapas, Pods
2) 10 paisa for every unit of Kilo of Silver
3) 50 paisa for every unit of Kilo of Gold
4) 50 paisa for every unit of 25 Metric tones of Groundnut, Lineseed, Castor Seed, Cotton Seed,
5) For any Yarn,non mineral oil, spices, Hydrosulphide soda: 0.004%,
6) No Stamp Duty for Crude Oil and Base Metals
11 Telangana* 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% * max Rs. 100/day all segments
12 Uttar Pradesh* 0.002% 0.002% 0.002% 0.002% 0.002% 0.002% * max Rs. 1000/day all segments
13 West Bengal 0.01% 0.002% 0.002% 0.0002% 0.002% 0.002%

For all other states other than mentioned above
Rs 200/Cr for Equity intraday, F&O and Currency derivatives
Rs 1,000/Cr for Equity Delivery

Rs. 100 per crore for Commodity.

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Comments

  1. Trade Smart Online Article Author

    Hi Rikhil,
    As mentioned in the above knowledge base article, we charge Rs.200/Cr for equity intraday for all the states other than Tamil Nadu.

  2. Narendra Kumar

    Pls let me know, all Charges (Separetely Statutory & Non-statutory charges)for Turnover of Rs 100000.00 in all segments ie Cash Intraday & Delivery, F&O , Commodity, Currency (Assuming Mumbai Stamp duties).
    If I buy for Rs1.00 L(@ Rs100.00) in each of these segments, then at what rates of square-up, I would break-even. Thanx. Kumar

    1. Trade Smart Online Article Author

      Hello Baba Prasad Venkatesh,
      Stamp duty will be charged depending upon in which state you reside. In the example provided by you, if you reside in Tamil Nadu, stamp duty is Rs.51. For other states the stamp duty charged is Rs.17 for 850000 turnover. Please refer our knowledge base article for Stamp Duty charged.

    1. Trade Smart Online Article Author

      Hello Devu,
      First year demat AMC is free and from next year onwards it is Rs 300 plus services tax per year.

  3. Pingback: Statutory charges levied? | Knowledge Base

    1. Trade Smart Online Article Author

      Hello Rajesh Kumar,
      Our mobile trading app shows you live streaming data. However, it depend on the net connectivity that you have.

    1. admin

      Hello Devasenapathi,
      We charge Rs 20 per call and trade executed order. Many other brokers may not charge this additional fee but they charge a much higher brokerage than we do for every trade. We believe in charging you only for the service you use. Hence we’ve lowered the brokerage significantly and only when you use call and trade, you’ll be charged separately for the same.

      1. Trade Smart Online Article Author

        Hello Devasenapathi,

        We would like to apologize for the inconvenience, as we missed out on your stamp duty query. The stamp duty differs from state to state.

    1. Trade Smart Online Article Author

      Hello Ravi,
      We charge you stamp duty bases on Maharashtra govt. and it is 0.002% for equity intraday. For delivery stamp duty charged is 0.01%. Hence, for 50000 of turnover stamp duty for intraday is Re.1 and for delivery is Rs.5.

  4. M KHAN

    please tell the exact date of coming update of SPIN. i wanna tell you that i chose TSO only for the its software SPIN and when i actually traded with SPIN i felt so irritated. its very slow and prone to hang lots of time. please do something. i really like your software and do now ..but some problems make it problematic. i hope you will take my post seriously. Also i several time suggested to online chat peoples but no action take till now. waiting for new update of SPIN.

    1. Trade Smart Online Article Author

      Hello Mr. Khan,
      We understand the importance of having Spin trading platform. We have been continuously following up with our development team to give you new version of Spin. Once we receive the new update we will provide you the same.

  5. vijay

    Can i know why Stamp duty is So High as Rs 600/ cr ? when compared to other States. Who have Power to change this Price Similar to other state. Any one Plz Explain if you have answer ?

    1. Trade Smart Online Article Author

      Hello Vijay,
      Stamp duty is charged by state government. Rs.600/cr is as per the Tamilnadu govt. stamp duty act.

  6. vijay

    Can i know why Stamp duty is So High as Rs 600/ cr for Tamilnadu ? when compared to other States. Who have Power to change this Price Similar to other state. Any one Plz Explain if you have answer ?

    1. Trade Smart Online Article Author

      Hello Shivkumar,
      In MIS you can place only one order where as in cover order you can place 2 simultaneous orders i.e. one buy order along with stop loss order. In case of bracket order, you can place 3 simultaneous orders i.e. one buy order, target sell order and stop loss order. You would also get higher exposure in CO & BO compared to MIS order type.

  7. Dolamani Saju

    Whether stamp duty charged based on the rates applicable to state in which broaking house is registered. What is the applicable stamp duty rate for UT Chandigarh

    1. Trade Smart Online Article Author

      Hello Dolamani,
      Stamp duty charged based on the state you reside. For Chandigarh stamp duty is charged based on Haryana state as mentioned in the above article.

  8. Kapil Dev

    Hi Team,

    Why stamp duty is much differ in all states. Common man can not invest in share market. In Himachal it is Rs.50/- however, in Delhi it is 0.002/- How can we invest. RIDICULOUS

    1. Trade Smart Online Article Author

      Hello Kapil,
      We understand your concern. However, the stamp duty is charged by the state government. Since these are government charge all the brokers have same charges. This cannot be avoided.

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