Transaction Charges in BSE Equity will now be on per trade basis for Groups A,B etc. (but excludes groups XC,XD,XT,Z and Offer For Sale and Buy Backs) (Circulars: BSE )

[Setup Instructions : Environment Options ->Tran Charges -> Add Effective Date as 3/4/2017 -> Per Trade Charges = 1.00 -> Ok]

Clearing Charges in BSE (for Equity, F&O and CDS) segments will also be on per trade basis (Circulars : BSE1 , BSE2)

  • Setup Instructions : Environment Options ->Clearing Charges -> Add Effective Date as 3/4/2017 ->
  • Per Trade Charges = 0.01 ->
  • Tick Want to Charge Clients ->
  • Charge To:All Clients ->
  • Tick Charge on Expiry of Future trade ->
  • Tick Charge on Assignment/Exercise trade ->
  • GL Code for Clearing Charges : (Select the account where you want to post the Clearing Charges) ->
  • Tick Charge Service Tax on Clearing Charges ->
  • GL Code for S.Tax on Clearing Charges : (Select the account where you want to post the Service Tax on Clearing Charges)  ->
  • Ok (do the same in BSE,BFO & CBFO)

Stamp Duty on Proprietary Trades in the state of West Bengal is now chargeable and payments have to be made with retrospective effect. All dues have to be cleared by 31/5/2017. (Circulars : BSE NSE)

Stamp Duty for PRO has to be setup so that henceforth the charges are calculated. There is a daywise, exchange-wise ceiling of Rs.1500 across all segments of each Exchange. Presently if you want to clear your dues, this aggregation has to be done manually till our software is updated. If your Daywise PRO turnover is less than this cutoff limit then go ahead and pay using the turnover reports.

For calculation of Stamp Duty on Proprietary trades :

  1. from 1-4-2016 to 6-3-2017  at 0.002% (use the Turnover report. Use Daywise option only if you feel the PRO turnover for any day will exceed 7.5Crores after totaling all segments)
  2. from 6-3-2017 to 31-3-2017 at 0.001% (use the Turnover report. Use Daywise option only if you feel the PRO turnover for any day will exceed 15Crores after totaling all segments)
  3. from 3-4-2017 onwards at 0.001% (same as above) – Set up stamp duty as per image below and the Daywise report will give you the Stamp Duty payable. Total for all segments of each exchange and then pay upto a maximum of Rs.1500 / day / exchange. [Setup Instructions : Masters -> Other Masters -> States master -> Select West Bengal -> F3 -> Add Effective Date as 1/4/2017 -> Calculate On: Market Turnover -> PRO Square Off Turnover, Broker Note % = 0.0010 -> PRO Delivery Turnover, Broker Note % = 0.0010 -> Save]

Changes in BSE Tran/Clearing Charges and WB Stamp Duties

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