Brokerage Calculator

What is a Stock Brokerage Calculator?

A stock brokerage calculator is an indispensable tax and fee audit tool designed for Indian equity investors and day traders. When buying or selling shares on the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE), the price you see is not the final price you pay. Multiple discount brokers, SEBI levies, stamp duties, GST, and Securities Transaction Taxes (STT) add up.

Our calculator provides an exact, real-time fee and regulatory tax breakdown for India's leading discount brokers: Zerodha, Groww, Angel One, and Upstox.

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How to Use the Brokerage Calculator

Audit your trading transaction fees in a few steps:

1. Select Discount Broker: Choose from Zerodha, Groww, Angel One, or Upstox.
2. Select Order Type: Toggle between Delivery Equity (holding shares overnight or long-term) and Intraday Equity (buying and selling on the same trading session).
3. Set Execution Prices: Enter your Buy Price (₹) and Sell Price (₹) per share.
4. Input Shares Quantity: Specify how many shares you bought and sold.
5. Review Tax Ledger: Check the itemized table listing Brokerage, STT, Exchange transaction charges, GST (18%), Stamp Duty, and DP Charges.
6. Analyze Net Returns: Inspect your gross return vs. net return (after all taxes), and view your exact per-share breakeven price.

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Brokerage & Statutory Fee Structures (India Equity)

Statutory taxes are uniform across India, whereas broker commissions and DP fees differ:

1. Brokerage Rates:

• Zerodha: Delivery is ₹0 (Free); Intraday is ₹20 or 0.03% (whichever is lower) per order.
• Groww: Delivery is ₹20 or 0.05%; Intraday is ₹20 or 0.05% (whichever is lower) per order.
• Angel One: Delivery is ₹0 (Free); Intraday is ₹20 or 0.03% (whichever is lower) per order.
• Upstox: Delivery is ₹20 or 0.1%; Intraday is ₹20 or 0.03% (whichever is lower) per order.

2. Statutory Levies (STT & Stamp Duty):

• STT (Securities Transaction Tax): Delivery is 0.1% on buy & sell amounts. Intraday is 0.025% on the sell side only.
• Stamp Duty: Delivery is 0.015% of buy value. Intraday is 0.003% of buy value. (Buy side only).
• Exchange Charges (NSE): 0.00297% on total transaction volume.
• GST (Goods & Services Tax): 18% of (Brokerage + Exchange Charges + SEBI Fees).
• DP Charges (Sell side only for Delivery): Zerodha/Groww (₹15.93), Angel One (₹23.60), Upstox (₹21.83).

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Frequently Asked Questions (FAQs)

What are DP Charges and why are they only applied on delivery selling?

Depository Participant (DP) charges are levied by depositories (CDSL or NSDL) and your broker when shares are debited from your demat account upon selling. Since intraday trades are closed on the same day without moving shares into demat custody, DP charges are never applied on intraday trades.

Why is Securities Transaction Tax (STT) so high on Delivery?

Securities Transaction Tax (STT) was introduced by the Indian government to curb tax evasion on capital gains. STT is relatively high on equity delivery (0.1% on both buying and selling) because long-term capital gains (LTCG) enjoy favorable tax brackets compared to other income streams.