Indian Stock Brokerage Calculator

Indian Stock Brokerage Calculator

Calculate exact brokerage charges, STT, exchange turnover fees, GST, SEBI tax, and net P&L breakeven points across Indian discount brokers.

Indian Stock Brokerage Calculator
Select Discount Broker
Trade Segment & State
Trade Pricing & Quantity
Net P&L After All Charges
+₹4,510.50
Breakeven: +₹0.49 / share
Total Turnover ₹2,05,000
Brokerage Charges ₹0.00
Securities Tax (STT) ₹205.00
Exchange Turnover Charges ₹7.07
GST (18% on Brok + ETC) ₹1.27
SEBI Charges & Stamp Duty ₹15.02
Total Regulatory Taxes ₹228.36
Side-by-side Broker Tax Grid PRO 🔒 Locked
Multi-State Stamp Duty Offsets PRO 🔒 Locked
Contract Note Ledger CSV Export PRO 🔒 Locked
×

👑 Unlock Broker Comparison Pro

Upgrade to the Premium Plan to compare charges across Zerodha, Groww, Upstox, and Angel One side-by-side, customize multi-state stamp duty rules, and download contract note CSV ledgers.

🚀 Unlock Pro Access — Add to Cart

⚡ How the Indian Stock Brokerage Calculator Works

1

Select Discount Broker

First, choose your broker like Zerodha, Groww, Upstox, or Angel One. As a result, the tool automatically applies specific fee structures and flat rate thresholds.

2

Pick Trade Segment

Next, select Equity Delivery, Equity Intraday, Futures, or Options. Consequently, the engine calculates accurate STT and exchange fees for your trade.

3

Enter Pricing & Quantity

After that, enter your buy price, sell target, and share quantity. Because trade volume determines total costs, this step sets your gross turnover.

4

Review Net P&L & Breakeven

Finally, review your total regulatory taxes and net profit. In addition, you can check the exact price increase needed per share to hit breakeven.

🎓 Master Stock Market Basics & Trade Planning!

Want to master technical analysis, spot breakouts, and manage trade risk? Enroll in our top-rated stock market basics course today!

🎓 ENROLL IN BASICS OF STOCK MARKET COURSE NOW 🚀

📋 Regulatory References & Data Sources
  • STT rates: Finance Act 2024 — equity delivery 0.1%, intraday 0.025%
  • SEBI circular — transaction charges applicable on NSE/BSE
  • Stamp Duty: Indian Stamp Act 1899, as amended by Finance Act 2019 — 0.015% on equity delivery buy side
  • GST at 18% on brokerage as per CGST Act 2017

Disclaimer: This calculator is for educational and planning purposes only. It does not constitute financial advice. Consult a SEBI-registered investment advisor for personalised guidance. Tax rules are updated as per the latest Finance Act — verify with a qualified CA before filing.

💡 Frequently Asked Questions (FAQs)

How do investors calculate stock market brokerage in India?

Investors compute brokerage fees as either a flat fee per trade or a percentage of turnover. For instance, discount brokers like Zerodha and Upstox charge flat fees up to ₹20 per trade. However, select brokers charge zero brokerage on equity delivery trades. Try calculating options volatility on our Black-Scholes Greeks Calculator.

What is Securities Transaction Tax (STT) and who collects it?

The Central Government collects STT on every stock market trade. Specifically, equity delivery trades incur 0.1% STT on both buy and sell turnovers. In contrast, traders pay 0.025% STT only on the sell side for intraday trades. Check derivatives tax audit rules on our F&O Turnover Calculator.

What is the breakeven point per share in stock trading?

The breakeven point shows the minimum price gain needed per share to cover all trading costs. Therefore, your trade becomes net profitable only after the stock price rises past your purchase price plus breakeven charges. Calculate multi-asset wealth growth on our Lumpsum Investment Calculator.

How much GST do brokers charge on stock trading fees?

Brokers charge a flat 18% GST on the sum of brokerage and exchange turnover fees. However, GST does not apply directly to STT, stamp duty, or SEBI fees. Plan systematic investment goals on our Step Up SIP Return Calculator.

What stamp duty rates apply to stock purchases in India?

State governments collect stamp duty exclusively on buy transactions. Because the government introduced uniform rates in July 2020, delivery trades incur 0.015% stamp duty across all states. Check valuation growth ratios on our PEG Ratio Calculator.

Why do discount brokers charge flat ₹20 fees for intraday and FnO?

Discount brokers use flat-rate pricing models to offer low-cost trading. Consequently, traders pay ₹20 or 0.03% per order regardless of trade size. As a result, flat discount brokerage saves active traders significant capital on high-volume orders. Evaluate stock valuation metrics on our PE Ratio Calculator.

How do exchange turnover charges (ETC) differ between NSE and BSE?

Stock exchanges charge small transaction fees to maintain matching engines. For instance, NSE charges approximately 0.00345% on equity turnover. In addition, BSE charges vary depending on group classification. Check dividend stock yields on our Dividend Discount Model Calculator.

Is zero brokerage completely free for equity delivery trades?

Zero brokerage means the broker charges ₹0 in brokerage fees. However, regulatory taxes like STT, stamp duty, SEBI fees, and GST still apply to your order. Check stock volatility metrics on our Beta Calculation for Indian Stocks page.

How do traders calculate net profit after deducting all taxes?

Traders subtract total purchase turnover from sale turnover to find gross profit. Next, they deduct brokerage, STT, exchange fees, GST, SEBI tax, and stamp duty. As a result, the remaining balance equals net take-home profit. Manage position sizing risk on our Position Size Calculator page.

Can traders claim brokerage and trading taxes as ITR deductions?

Traders can deduct brokerage fees, STT, exchange fees, GST, and stamp duty as business expenses in ITR-3 or ITR-4. Therefore, these tax deductions lower net taxable business income. Model target compound growth on our Reverse CAGR Calculator.

How do Kotak Neo and ICICI Direct brokerage charges compare to discount brokers?

Under their modern plans (like Kotak Neo Youth Plan and ICICI Direct Neo Plan), these institutional brokers offer zero brokerage on equity delivery and flat ₹20 per trade on intraday and F&O orders. Kotak Neo even offers zero brokerage on intraday equity trades for individuals under 30. Use this universal calculator to model contract notes across Kotak, ICICI, Zerodha, and Upstox. Check options capital rules on our new NSE F&O Margin Calculator.

Can this tool calculate MCX and commodity brokerage charges?

Yes. In commodity trading on MCX, leading discount brokers charge flat ₹20 per executed order or 0.03% (whichever is lower). Furthermore, Commodity Transaction Tax (CTT) of 0.01% applies to non-agricultural commodity futures sell turnover, and 0.05% applies to commodity options sell premium. Reconcile derivative turnover on our F&O Turnover Calculator.

AR
Written & Verified By

Dr.Ashok Kumar N Rao

Stock Market Educator & Author | 3,500+ Students Trained

Alternative Investments advisor and author of 'Basics of Stock Market for Beginners' and 'ಕಲಿಯಿರಿ ಶೇರ್ ಮಾರ್ಕೆಟ್'. All financial tools and content on this site are reviewed personally before publication.