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How Brokerage Is Calculated

March 9th, 2010 by vijay

Brokerage is calculated on a per share basis and is rounded off to the fourth decimal. SERVICE TAX OF 10.30 % of BROKERAGE will be charged additional. It is calculated per share and rounded off to four decimals. SECURITIES TRANSACTION TAX (STT) EQUITY – STT is calculated on the Weighted Average Price of the client for a particular day. This is also calculated on the value and attacked of the second decimal.

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