6/12/2019 NSE - National Stock Exchange of India Ltd.

Other Levies & Taxes

SEBI Turnover fees

Sr. No. Nature of securities Rate of Fee

1. All sale and purchase transactions in 0.00015 per cent of the price at which the securities
securities other than debt securities are purchased or sold (Rs.15 per crore)
2 All sale and purchase transactions in debt 0.000005 per cent of the price at which the
securities securities are purchased or sold (Rs.5 per crore)

Stamp Duty

Stamp duty is levied on value of shares transferred. In India stamp duty is levied by various states and
hence rate of stamp duty varies from state to state. In Maharashtra, the stamp duty rate for Cash
Market (other than Government Securities) and Derivatives Market Turnover (non-delivery) is :

Type of Trade Stamp Duty Rate

Non-delivery trade 0.002%
Delivery trade 0.01%

Service Tax

Category Tax Rate Payable By

Stock brokers 18.00% (GST) Brokers and collected from their clients.  However if
Services the services are partly performed outside India and
payment is received in convertible foreign exchange
within 6 months, then the services will be treated as
Export of Services and will be exempt from levy of
Service Tax

Securities Transaction Tax (STT)

Sr. No. Taxable securities transaction Tax rate from Tax Rate w.e.f. Payable by
June 1, 2013 June 1, 2016
upto May 31,
2016
1. Purchase of an equity share in 0.100 per cent 0.100 per cent Purchaser- on the value of
a company, where such taxable securities
contract is settled by the transaction based on the
actual delivery or transfer of volume weighted average
such share or unit. price.
Purchase of a unit of an equity NIL NIL NA
oriented fund, where such
contract is settled by the
actual delivery or transfer of
such share or unit.
2. Sale of a equity share in a 0.100 per cent 0.100 per cent Seller - on the value of
company, where such contract taxable securities
is settled by the actual transaction based on the
delivery or transfer of such volume weighted average
share or unit price.
Sale of a unit of an equity 0.001 per cent 0.001 per cent Seller - on the value of
oriented fund, where such taxable securities
contract is settled by the transaction based on the
actual delivery or transfer of volume weighted average
such share or unit price.
3 Sale of an equity share in a 0.025 per cent 0.025 per cent Seller - on the value of
company or a unit of an equity taxable securities
oriented fund, where such transaction based on the
contract is settled otherwise volume weighted average
than by the actual delivery or price.
transfer of such share or unit.
4a Sale of an option in securities 0.017 per cent 0.05 per cent Seller - on the option
premium..

https://www.nseindia.com/int_invest/content/tax_other_taxes.htm 1/2
6/12/2019 NSE - National Stock Exchange of India Ltd.

4b Sale of an option in securities, 0.125 per cent 0.125 per cent Purchaser - on the
where option is exercised settlement price.
4c Sale of a futures in securities 0.010 per cent 0.010 per cent Seller - on the price at
which such futures is
traded.

Futher as per SEBI guidelines FII's are required to settle the transactions by delivery only and
therefore sr. no.3 of the above table is not applicable in case of FIIs

Dividend Distribution Tax

Payable by Tax Rate Income in the hands of

the recipient
Domestic Company 16.225% (15% + surcharge @ 5% + education cess @ 3%) Exempt
Equity Oriented NIL Exempt
Fund
Money market Fund - if recipient is individual or HUF - 27.0375% (25% + Exempt
or Liquid Fund surcharge @ 5% + education cess @ 3%) 
- if recipient in others - 32.445% (30% + surcharge @ 5% +
education cess @ 3%)
Other Funds - if recipient is individual or HUF - 13.5188% (12.50% + Exempt
surcharge @ 5% + edcuation cess @ 3%) 
- if recipient in others - 32.445% (30%+ surcharge @ 5% +
edcuation cess @ 3%)

The above information provided is for a general guidance only. However, in view of the specific
nature of the transactions and its tax implications, FII’s are advised to consult their own tax
advisors with respect to the specific tax implications arising out of India.

https://www.nseindia.com/int_invest/content/tax_other_taxes.htm 2/2