13.7What are brokerage charges? (recap)
1What is it?
The broker’s fee per trade, either flat (e.g. ₹20/order) or a % of value. Many discount brokers charge ₹0 for delivery.
2Why does it exist?
It’s the one charge that varies by broker, so compare before choosing.
3Quick revision
- Varies by broker.
- Flat or %.
- GST 18% applies on it.
4Knowledge check
Q1. Is brokerage set by SEBI?Show answer
No, by each broker (within SEBI limits).
Q2. Tax charged on brokerage?Show answer
18% GST.
Q3. Typical discount delivery brokerage?Show answer
Often ₹0.