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Brokerage Calculator

Enter your buy price, sell price and quantity to see the exact profit or loss you keep after brokerage, STT, exchange fees, stamp duty, GST and DP charges — for equity delivery or intraday.

Your trade
Delivery or intraday
Net result
After every charge

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What a brokerage calculator does

When you buy and sell shares on an Indian exchange, the money you actually keep is never the plain difference between your sell price and your buy price. A stack of charges — brokerage, Securities Transaction Tax (STT), the exchange transaction fee, the SEBI turnover fee, stamp duty, 18% GST and depository (DP) charges — sits between the two. This calculator takes your buy price, sell price, quantity and per-order brokerage, applies the current NSE rates for either equity delivery or intraday, and shows your exact net profit or loss with a full line-by-line breakdown. It answers the question every trader actually cares about: after everyone has taken their cut, what lands in my bank account?

The charges on an equity trade

Each charge is levied on a specific base — some on total turnover, some on one side of the trade only. Here is what each line means:

  • Brokerage — your broker's fee. Discount brokers charge a flat amount per executed order (commonly ₹20), so a round trip of one buy order and one sell order costs ₹40. Many brokers now offer zero brokerage on delivery — enter 0 to model that.
  • STT (Securities Transaction Tax) — a central tax on securities transactions. On delivery it is 0.1% on both the buy and sell values; on intraday it is only 0.025% and only on the sell side.
  • Exchange transaction charge — the NSE's fee, about 0.00297% of your total turnover (buy value plus sell value).
  • SEBI turnover fee — the regulator's charge of ₹10 per crore of turnover, i.e. 0.0001%. Tiny, but it always appears on the contract note.
  • Stamp duty — a state levy charged on the buy side only: 0.015% for delivery and 0.003% for intraday.
  • GST — 18% charged on the sum of brokerage, exchange and SEBI fees. It is not charged on STT or stamp duty.
  • DP (depository) charges — a flat fee of about ₹15.93 (CDSL plus your broker's share) deducted whenever you sell delivery shares out of your demat account. Intraday positions never enter demat, so there is no DP charge.

Delivery vs intraday rates at a glance

ChargeEquity DeliveryIntraday
BrokerageFlat per order × 2Flat per order × 2
STT0.1% buy + 0.1% sell0.025% sell only
Exchange txn (NSE)0.00297% of turnover0.00297% of turnover
SEBI fee₹10 per crore₹10 per crore
Stamp duty0.015% on buy0.003% on buy
GST18% on brokerage + exch + SEBI18% on brokerage + exch + SEBI
DP charge₹15.93 per sellNil

Worked example: a delivery trade

Suppose you buy 1,000 shares at ₹100 and sell them at ₹110, using a discount broker that charges ₹20 per order. Your screen shows a gross gain of ₹10,000 — but here is what actually reaches your account after every deduction:

Line itemAmount
Buy value (1,000 × ₹100)₹1,00,000.00
Sell value (1,000 × ₹110)₹1,10,000.00
Gross P&L₹10,000.00
Brokerage (₹20 × 2)₹40.00
STT (0.1% × ₹1,00,000 + 0.1% × ₹1,10,000)₹210.00
Exchange txn (0.00297% × ₹2,10,000)₹6.24
SEBI (₹10 / crore × ₹2,10,000)₹0.21
Stamp duty (0.015% × ₹1,00,000)₹15.00
GST (18% × ₹46.45)₹8.36
DP charge₹15.93
Total charges₹295.74
Net P&L₹9,704.26
STT is by far the biggest cost on a profitable delivery trade — ₹210 of the ₹295.74 total here. Brokerage, the fee traders obsess over, is just ₹40. On small trades the flat charges (brokerage and the ₹15.93 DP fee) dominate; on large trades the percentage charges (STT, exchange, stamp duty) take over.

Why intraday looks cheaper

Intraday trades carry far lower statutory costs than delivery: STT is charged on one side instead of two and at a tenth of the rate, stamp duty is a fifth, and there is no DP charge because nothing is delivered to your demat account. That is why scalpers can trade on wafer-thin margins. But the low cost cuts both ways — intraday positions are auto-squared-off the same day and are typically leveraged, so a small adverse move can wipe out a position. Cheaper charges do not make a strategy safer. If you are building wealth over years rather than trading, a disciplined SIP or a one-time lumpsum investment usually beats active trading after costs and taxes.

Breakeven: the move that pays for costs

The "breakeven move per share" tells you how far the price must travel just to cover all charges before you make a single rupee. In the delivery example, ₹295.74 of charges across 1,000 shares is about ₹0.30 per share — so the stock has to rise ₹0.30 above your buy price before you are even. For frequent small trades this number is what quietly erodes returns; halving your quantity doubles the per-share impact of the flat DP and brokerage fees. Keeping an eye on the breakeven figure is the fastest way to judge whether a trade is worth taking at all.

Averaging, returns and tax after the trade

Your effective buy price is a little above the quoted price once buy-side charges are added, which is why the stock average calculator gives a pre-charge cost basis. To judge how an investment actually performed over time rather than on a single trade, annualise it with the CAGR calculator. And remember the charges here are separate from tax on your gains: short-term capital gains on listed equity (held under 12 months) are taxed at 20%, while long-term gains above ₹1.25 lakh a year are taxed at 12.5% for FY 2026-27. Fold those into your overall liability with the income tax calculator.

Frequently Asked Questions

How is brokerage calculated on a trade?
Discount brokers charge a flat fee per executed order — commonly ₹20 — so a completed trade of one buy plus one sell order costs ₹40 in brokerage. Some brokers charge a percentage of turnover instead, and many now offer zero brokerage on delivery, in which case you can enter 0.
What is STT and how much is it?
Securities Transaction Tax is a central tax on securities transactions. For equity delivery it is 0.1% on both the buy and the sell value; for intraday it is 0.025% and only on the sell side. STT is usually the single largest charge on a profitable delivery trade.
Why are delivery charges higher than intraday charges?
Delivery attracts STT on both sides, higher stamp duty and a DP charge for moving shares out of your demat account. Intraday positions are squared off the same day and never enter demat, so STT is lower and charged on one side only, and there is no DP fee.
What are DP charges?
Depository Participant (DP) charges are a flat fee — around ₹15.93 including the CDSL and broker components — deducted whenever you sell shares held in your demat account. They apply per scrip on the sell side of delivery trades and are not charged on intraday trades or on buys.
Is GST charged on the whole trade value?
No. GST at 18% is charged only on the sum of brokerage, the exchange transaction fee and the SEBI turnover fee — not on the trade value itself, and not on STT or stamp duty. Because those base charges are small, the GST amount is usually only a few rupees.
Can I really trade at zero brokerage?
Several brokers offer zero brokerage on equity delivery, and you can model that by entering 0 as the brokerage per order. Even then you still pay STT, exchange and SEBI fees, stamp duty, GST and DP charges, so a 'free' trade is never entirely free.
What does the breakeven move per share mean?
It is how far the price must rise above your buy price just to cover all charges before any profit. It equals total charges divided by quantity. A small breakeven move means costs are a minor drag; a large one means the trade needs a real price gain to be worthwhile.
Are these charges the same on BSE and with every broker?
The rates used here are indicative NSE figures for FY 2025-26. BSE exchange transaction charges differ, and each broker sets its own brokerage plan and DP fee. Your contract note is the definitive record — treat this calculator as a close estimate. Gains are then taxed separately via the income tax calculator.
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