State wise Stamp Duty Charges In Trading

stamp-duty

Stamp duty is a certain amount of money levied on the value of shares transferred. In India, stamp duty or other regularity duty is levied by various states, and therefore the rate of stamp duty varies from state to state. In the Indian stock market, stamp duty is most commonly termed as Broker Note Stamp.

Stamp duty is charged on both sides of trading (buying & selling) and are charged on the total amount (turnover).

stamp-duty
No. State EQ Intraday EQ Delivery Futures Options Currencies
1 Andhra Pradesh 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day
2 Arunachal Pradesh 0.003% 0.003% 0.003% 0.003% 0.003%
3 Assam 0.018% – max Rs. 49.5/day 0.018% – max Rs. 49.5/day 0.018% – max Rs. 49.5/day 0.018% – max Rs. 49.5/day 0.018% – max Rs. 49.5/day
4 Chhattisgarh 0.002% 0.01% 0.002% 0.002% 0.002%
5 Delhi 0.002% 0.01% 0.002% 0.002% 0.002%
6 Goa, Daman & Diu 0.005% 0.005% 0.005% 0.005% 0.005%
7 Gujarat 0.002% 0.01% 0.002% 0.002% 0.002%
8 Haryana 0.002% – max Rs. 500 0.01% – max Rs. 500 0.002% – max Rs. 200 0.002% – max Rs. 200 0.002% – max Rs. 200
9 Kerala 0.002% 0.01% 0.002% 0.002% 0.002%
10 Karnataka 0.003% 0.003% 0.003% 0.003% 0.003%
11 Madhya Pradesh 0.002% 0.01% 0.002% 0.002% 0.002%
12 Maharashtra 0.002% 0.01% 0.002% 0.002% 0.002%
13 Meghalaya 0.003% 0.003% 0.003% 0.003% 0.003%
14 Orissa 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day 0.005% – max Rs. 50/day
15 Rajasthan 0.003% 0.012% 0.0012% 0.0024% 0.0012%
16 Tamil Nadu 0.006% 0.006% 0.006% 0.006% 0.006%
17 Telangana 0.01% – max Rs. 100/day 0.01% – max Rs. 100/day 0.01% – max Rs. 100/day 0.01% – max Rs. 100/day 0.01% – max Rs. 100/day
18 Uttar Pradesh 0.002% – max Rs. 1000/day 0.002% – max Rs. 1000/day 0.002% – max Rs. 1000/day 0.002% – max Rs. 1000/day 0.002% – max Rs. 1000/day
19 West Bengal 0.002% 0.01% 0.002% 0.002% 0.002%
20 Other State 0.002% 0.01% 0.002% 0.002% 0.002%
About Author
Brijendra Singh

Brijendra Singh

Co-Founder @TradeGyani
Over 14 years of IT experience majorly on JAVA, UI/UX, Business Intelligence, Databases . Worked for improving products and services by using advanced analytics, standing up big-data analytical tools, creating and maintaining models, and on boarding compelling new data sets . managed project for Telecom, Commercial Cards banking and financial analytics.

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