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Zerodha Raises STT For F&O Trading After Stock Exchanges Hiked Transaction Costs - MSN
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Zerodha Raises STT For F&O Trading After Stock Exchanges Hiked Transaction Costs - MSN
18 October 2024
Discount brokerage Zerodha increased securities transaction tax (STT) on derivative trades in the platform.
What Happened: Nithin Kamath, CEO of Zerodha said in a LinkedIn post that the company will not charge brokerage on equity delivery.
The brokerage increased the STT for derivatives to 0.1% of the premium on the sell side from 0.0625%. The transaction charges have been decreased to 0.035% from 0.0495%.
Discount brokerage Zerodha increased securities transaction tax (STT) on derivative trades in the platform. What Happened: Nithin Kamath, CEO of Zerodha said in a LinkedIn post that the company will not charge brokerage on equity delivery. The brokerage increased the STT for derivatives to 0.1% of the premium on the sell side from 0.0625%. The transaction charges have been decreased to 0.035% from 0.0495%.
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