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22/03/2022 · Brokerage rate mentioned above would be levied for trade value exceeding ₹ 2727 Goods and Services Tax (GST), Securities Transaction Tax (STT), SEBI turnover charges, Transaction Charges(inclusive of GST) and Stamp duty will be charged in addition to brokerage as follows : GST will be charged at 18% on total value of brokerage ; Securities Transaction …
What Is Penal Interest And How To Calculate? - ABC Of Money
11/12/2019 · For instance, let us assume that you have a loan and EMI is Rs. 50,000 which is delayed by a month. If the penal interest is 24% p.a., the late payment penalty will be around Rs. 1,000 (2% of Rs. 50,000). Are Taxes Applicable on Penal Interest? Yes, in 2018, the GST-AAR (GST Authority for Advance Rulings) imposed a GST of 18% on delayed loan ...
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