Free Tool · Indian Stock Market

Brokerage Calculator

Estimate brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and your net profit or loss on an Indian equity trade — for both delivery and intraday.

Only used when Broker Type is set to Full-Service. Defaults to 0.25% if left blank.
Please enter a valid buy price, sell price and quantity.
Gross P&L
Total Charges
Net P&L
ChargeAmount
Turnover
Brokerage
STT
Exchange Transaction Charges
SEBI Turnover Fee
Stamp Duty
GST (18% on brokerage + exchange + SEBI)

Rates used are commonly published indicative rates and do not include DP charges. Verify exact figures with your broker's contract note before relying on them.

Charges eat into returns more than most traders realise

Our Stock Market course covers cost-aware trading alongside strategy and risk management.

What Is a Brokerage Calculator?

A brokerage calculator estimates every charge that applies to a stock trade in India — not just the broker's fee, but also government taxes and exchange charges that apply regardless of which broker you use. For frequent traders, these charges can quietly erode a meaningful share of gross profit, which is why checking net P&L, not just the price move, matters.

Charges That Apply to Every Indian Stock Trade

  • Brokerage — the broker's own fee, which varies by broker type and plan.
  • STT (Securities Transaction Tax) — a government tax: typically 0.1% on both buy and sell for delivery, or 0.025% on the sell side only for intraday.
  • Exchange Transaction Charges — a small fee charged by NSE/BSE on turnover.
  • SEBI Turnover Fee — a very small regulatory fee (around ₹10 per crore of turnover).
  • Stamp Duty — a state government charge on the buy side, at a different rate for delivery versus intraday.
  • GST — 18% charged on brokerage, exchange charges and SEBI fees (not on STT or stamp duty).
  • DP Charges — charged by your depository participant only when selling delivery holdings; not included in this calculator since it varies by broker.

Worked Example

Buying 100 shares at ₹250 and selling at ₹262 (intraday, discount broker on the flat ₹20/order plan):

  • Turnover = (100×250) + (100×262) = ₹51,200
  • Brokerage = ₹20 (buy) + ₹20 (sell) = ₹40
  • STT (intraday, sell side, 0.025%) = 26,200 × 0.00025 ≈ ₹6.55
  • Gross profit = (262−250) × 100 = ₹1,200
  • Total charges (brokerage + STT + exchange + SEBI + stamp duty + GST) ≈ ₹56
  • Net profit, after all charges ≈ ₹1,144

Run the exact numbers for your own trade in the calculator above — it breaks down every line item.

Delivery vs Intraday — How Charges Differ

Delivery trades (shares held overnight) usually carry zero or minimal brokerage with discount brokers, but a higher STT applied on both the buy and sell legs, and a higher stamp duty rate. Intraday trades (bought and sold the same day) usually carry a small brokerage fee on both legs, but STT applies only to the sell side at a much lower rate.

Discount Broker vs Full-Service Broker

Discount brokers typically charge a flat fee per executed order (or a small percentage capped at a flat amount) regardless of trade size, which works out cheaper for larger trades. Full-service brokers usually charge a percentage of turnover, which can include added research and advisory services but scales up with trade size. Use the Broker Type selector above to compare how each model changes your total cost on the same trade.

How to Reduce Your Total Trading Costs

  1. Compare brokerage plans against your actual trading pattern — frequent small trades favour flat-fee discount brokers, while very large occasional trades may do better on a low percentage plan.
  2. Factor charges into your risk:reward calculation before entering a trade, especially for intraday strategies with tight targets — try the Risk Reward Calculator.
  3. Remember that overtrading multiplies fixed charges like brokerage and STT even when the underlying price move is small.

Important Note on Accuracy

Brokerage, STT, exchange charges, SEBI fees, stamp duty and GST rates can change with regulation, and exact brokerage terms vary between brokers. The figures here use commonly published, indicative rates as a planning estimate — always confirm exact charges from your broker's official contract note before relying on them for a real trade.

Frequently Asked Questions

What charges apply when I buy and sell shares in India?

A typical trade involves brokerage, STT, exchange transaction charges, SEBI turnover fees, stamp duty, GST on the service charges, and sometimes DP charges on delivery sells. Each is small individually but adds up across many trades.

Is brokerage the only charge I pay?

No. Brokerage is usually the smallest visible line item with discount brokers — STT, exchange charges, stamp duty and GST are charged in addition and are set by the government and exchanges, not the broker.

What is STT and how much is it?

Securities Transaction Tax is a government tax on stock market transactions. For equity delivery it's typically 0.1% on both buy and sell value; for intraday it's typically 0.025% on the sell value only.

Do discount brokers really charge zero brokerage on delivery?

Many discount brokers in India do offer zero brokerage on equity delivery as standard, while charging a small flat fee or percentage on intraday and derivatives. Always confirm current rates directly with your broker.

What is the difference between delivery and intraday charges?

Delivery trades usually have zero or low brokerage but higher STT and stamp duty on both legs. Intraday trades usually have small brokerage on both legs but lower STT, charged only on the sell side.

Does this calculator include DP charges?

No. DP charges apply only when selling shares held in your demat account from a previous delivery buy, and vary by broker and depository. This calculator covers brokerage, STT, exchange charges, SEBI fees, stamp duty and GST.

Are brokerage rates the same across all brokers?

No, brokerage models vary widely between discount and full-service brokers and can change over time. This calculator uses common, publicly known rate structures as a starting estimate — check your broker's current tariff sheet for exact figures.

Is GST charged on the entire trade value?

No. GST at 18% is charged only on service-related charges — brokerage, exchange transaction charges and SEBI fees — not on the trade value itself, and not on government taxes like STT or stamp duty.

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