Contract Note Engine100% Deterministic Surcharges
True Cost & PnL Calculator
Simulate exact trade profitability with complete separation between broker commissions and statutory Indian capital market surcharges (STT, GST, SEBI fee, Stamp Duty, and DP charges).
Trade Parameters
Formula: 0
Zero brokerage on equity delivery; ₹20 or 0.03% on intraday/F&O
₹1,00,000
₹5,000₹2,50,000₹5,00,000₹10,00,000+
Net Realized P&LProfitable Trade
₹4,756.64
Gross P&L:
₹5,000
Total Taxes & Fees:
- ₹243.36
Breakeven Targets
Required Points to Exit
+2.39pts/share
Min. Target Sell Price
₹1,002.39
Effective Take Rate (Turnover Drag)0.12%
Brokerage: 0%Statutory/Taxes: 100%
Contract Note Itemized Breakdown
| Item / Surcharge | Buy Leg | Sell Leg | Total |
|---|---|---|---|
| Turnover | ₹1,00,000 | ₹1,05,000 | ₹2,05,000 |
| Brokerage Fee | ₹0 | ₹0 | ₹0 |
| STT / CTT | ₹100 | ₹105 | ₹205 |
| Exchange Turnover Charge | ₹2.97 | ₹3.12 | ₹6.09 |
| SEBI Turnover Fee | ₹0.10 | ₹0.11 | ₹0.21 |
| Stamp Duty | ₹15 | ₹0 | ₹15 |
| GST @ 18% | ₹0.55 | ₹0.58 | ₹1.13 |
| DP (Depository) Charges | ₹0 | ₹15.93 | ₹15.93 |
| Total Broker Charges | ₹0 | ₹0 | ₹0 |
| Total Statutory & Taxes | ₹118.62 | ₹124.74 | ₹243.36 |
| Net Charges & Taxes | ₹118.62 | ₹124.74 | ₹243.36 |
Annual Simulation Frequency
Trades per Month:5
Delivery Sells/Mo (DP Charge):3
Demat AMC Sizing (BSDA):
SEBI 2024 FrameworkEstimated Annual Cost
Annualized transaction friction based on your simulated trading volume with Zerodha (Free Delivery, ₹20 Intraday/F&O).
Total Annual Trading Friction
₹14,219.28
Brokerage + Statutory Taxes + Depository Debits
Cost Distribution:100% Itemized
Brokerage:0%
Statutory:95.97%
DP Charges:4.03%
Annual Brokerage₹0
Statutory Taxes (STT, GST, SEBI, Stamp)₹13,645.80
Depository Debit (DP) Charges₹573.48
Demat Maintenance (AMC)BSDA ₹0
₹0 FreeProjected Gross PnL:₹3,00,000
Projected Net PnL (After Friction):₹2,85,780.72
Even on "zero brokerage" plans, statutory levies (STT, GST, and SEBI charges) and DP charges are legally mandated and cannot be waived by any broker.
Statutory Tax Rules & Calculation Assumptions