POSTED BY January 17, 2013 12:54 pm COMMENTS (3)ON
I am hoping that my broker is charging me very high Stamp Duty for transactions less than 10,000/-.
Need your help in understanding Stamp Duty structure in Maharashtra.
Following are my details
– Broker: Mumbai/Maharashtra Based (Ventura1)
Stamp Duty Being Charged:
– 1/- flat if turn over is less than 10,000/-
– for 10,000/- or greater turn over, its 0.01% of Turn Over
Can you get me Stamp Duty rate for CASH(Intraday/Delivery), FnO at your broker? – Logically should be same for all clients across brokers for given state.
If you have some links/documents then send across.
I asked them to give me reference document but they don’t have it.
Please help me in solving this so that i can go ahead and ask them to refund my money