Yes, Angel One charges Goods and Services Tax (GST) on brokerage fees. The GST rate is 18%, which is applied on the brokerage amount along with transaction charges and SEBI turnover fees. This means whenever you pay brokerage fees for trading, an additional 18% GST is added to your total cost.

What Is GST on Brokerage Fees?

GST stands for Goods and Services Tax, a government tax on services and goods. For stock trading, Angel One adds 18% GST on brokerage fees you pay. For example, if brokerage is ₹100, GST will be ₹18 extra, making it ₹118 to pay.

How Is GST Calculated on Brokerage?

GST is calculated on the total brokerage fee plus other charges like transaction fees and SEBI turnover fees. Suppose your brokerage is ₹100, transaction charges ₹10, and SEBI fees ₹2, the GST is charged on ₹112. So, 18% of ₹112 equals ₹20.16 as GST. Your total cost will be ₹132.16.

Are There Other Charges Along with GST?

Yes, besides GST, Angel One charges other fees including:

• Brokerage Fees: Fees for buying or selling stocks.
• Transaction Charges: Fees collected by stock exchanges.
• SEBI Turnover Fees: Regulatory fees by SEBI.
• Stamp Duty: State government tax on security transfer.

All these charges appear in your contract note and add to your total trading cost.

How Can You Reduce the Impact of GST on Your Trades?

You can reduce GST impact by following these tips:

• Choose Delivery Trades: Angel One offers zero brokerage on equity delivery trades, which means less cost.
• Pick the Right Brokerage Plan: Select plans based on your trade volume to save money.
• Trade Smartly: Bigger trades can lower per-trade costs.

Always check total costs including GST before making trades to avoid surprises.