I am on Unlimited Trading Plan. How my taxes are calculated on my brokerage account?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The biggest saving with these plans is the saving on taxes. The GST and other taxes are only charged on the monthly fees you pay (i.e. service tax only on monthly fee i.e. on Rs 899)).

For example:

ProStocks charges flat monthly fee + 18% GST. If you take Monthly Equity Plan for unlimited Equities & Derivatives Trading; the cost of the plan is Rs 899 and additionally Rs 161.82 is charged as the tax on fixed brokerage.

Topic: Unlimited Brokerage Plan & Unlimited Trading Plans Explained Article

1 Comments

1. Mitesh

| Link|December 23, 2019 6:14:05 PMReply

I am using Zerodha Kite and its a very good in terms of trading but I do frequent trades and due to that I lose more money in charges rather then losses. So if I go for any unlimited plan then will it make difference in tax savings as well?

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