New Delhi. If you trade or invest in the stock market then there is a good news for you. Actually, Central Depository Services Limited (CSDL) has announced the imposition of a new uniform tariff. The special thing is that there will be a system like GST in this, because instead of separate taxes, only uniform tariff will be taken. This new system will come into effect from October 1. 13 crore investors of CSDL will benefit from this new system. Another special thing is that some discounts will be applicable in this new tariff structure also.
The company said, “Central Depository Services (India) Limited is pleased to announce a uniform tariff for more than 13 crore investors. “CDSL has announced a uniform tariff of Rs 3.50/debit transaction.” This move by the depository is expected to streamline transaction costs for over 13 crore investors who depend on CDSL for their depository needs. Buying and selling of shares will be impacted. In fact, the transaction charge charged by a depository like CDSL is Which is taken from the demat account when shares are sold. In such a situation, with the advent of uniform tariff system, the purpose of the revised tariff is to standardize the transaction cost. Central Depository Services Limited is a central securities depository. Here it provides the facility to keep securities like shares and bonds in electronic form. Discounts will continue to be available. Apart from the new tariff structure, CDSL has also announced that some discounts will continue to be applicable.
Specifically, women demat account holders, whether single or primary hold, will continue to get a rebate of Rs 0.25 per debit transaction. Women demat account holders, whether as single or first holder, will continue to get a rebate of Rs 0.25 per debit transaction.What is Stock Market? What is the benefit of investing money in this? Know what is share market? What is the benefit of investing money in this? Know further… Similarly, a discount of Rs 0.25 will also be applicable on debit transactions related to mutual funds and bond ISIN (International Securities Identification Number).
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