When you sell stocks, your shares are debited from your demat account and delivered to the clearing corporation for settlement. This debit is what attracts a DP (Depository Participant) charge. At Zerodha, this is ₹13.5 + GST per transaction (includes ₹3.5 depository fee).
Most brokers charge a flat DP fee. But some charge a percentage of the sell value. A 0.04% DP charge = ₹400 on a ₹10L sale. Low brokerage + high DP charges. Doesn't make sense.
Another thing to watch: some brokers charge DP fees on every sell transaction. If you sell Reliance 4 times in a day, you pay 4 times. At Zerodha, we charge DP fees once per stock per day, no matter how many times you sell it.
DP charges don't show up like brokerage does, so most people miss it. It's worth checking what you're actually paying. These things add up.
Why a DP charge in the first place?
Every time you sell shares, your broker's DP (Depository Participant) takes on the effort of ensuring the trade settles. This means debiting the shares from your demat account and delivering them to the clearing corporation. The depository levies a fee for this, and we charge a small fee on top for facilitating it. This adds an additional risk for us.
“We will find safe haven abroad for all criminals especially those who loot thousands of crores of people’s money from our banks”: This seems to be the mantra of the Modi govt
Such kind of provocative language naturally has convinced our top court to allow a statute to trump the constitutional right of liberty to validate 6 years of incarceration without trial!
Time&again, lower courts have caught the Delhi Police fabricating evidence in riot cases. Yet in Umar Khalid’s case,even as their claims about a key conspiratorial meeting fell apart, judges—from the lower benches to SC refuse to question the investigation https://t.co/ci6qUljhfD
BJP-Cong alliance???! Probably for the first time in any part of the country, BJP and Cong have for now at least come together in the Ambernath municipal council to control power and keep BJP ally Shiv Sena out! As is now apparent in Maharashtra , local body polls mein kuch bhi ho sakta hai!🙏
🚨You can make ₹24,00,000 and legally pay ₹0 tax in FY2025–26.
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It works only for professionals (CA, lawyer, consultant, freelancer, architect, etc.) and only if you opt for presumptive taxation.
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Dear VC @narendramodi,
Can you share what is the Unique ID for RSS if it is registered as an NGO in this country?
Can you share its annual income and expenditure report?
Under which law is it registered- Societies Act, Trust Act, or Companies Act?
Which Registrar or Government Authority issued its registration certificate?
Does RSS file annual returns with the Income Tax Department or Registrar?
Has RSS registered on the NGO-DARPAN portal of NITI Aayog, as required for government-linked NGOs?
Does RSS hold an FCRA licence to receive foreign contributions?
Where can citizens see its audited accounts for the last 5 years?