What other regulatory fees are charged apart from brokerage?

Apart from brokerage, every trade attracts government and exchange-mandated regulatory fees.

Written By Archit Sunat

Last updated 27 days ago

Regulatory charges on your trades

When you place a trade on Punch, the brokerage is just one part of the total cost. Several regulatory and statutory charges are levied by the government and exchanges on every transaction. Here is what they are:

  • STT (Securities Transaction Tax) — A tax levied by the government on buy and sell transactions in equity and derivatives segments.

  • Exchange Turnover Charges — A small fee charged by NSE or BSE for facilitating the trade on their platform.

  • SEBI Turnover Fees — A nominal fee collected by SEBI (Securities and Exchange Board of India) to fund market regulation.

  • IPFT (Investor Protection Fund Trust) — A tiny charge that goes towards the Investor Protection Fund maintained by the exchanges.

  • Stamp Duty — A state government charge applied on the purchase side of transactions, based on the trade value.

  • GST (Goods and Services Tax) — Charged at 18% on brokerage, exchange turnover charges, and SEBI fees.

These charges are standard across all brokers in India and are not set by Punch. You can view a detailed breakdown of all charges for every trade on our Pricing page.