Q. If i buy 1000 shares for Rs 100 each i.e. Rs. 1 lakh from a broker and after one week i want to sell that share for Rs. 125 i.e. a profit of Rs. 25 on each share. So how much do i have to pay for the broker commission and how much for the tax deduction? please reply.
MANISH TAWAR:
A. Dont bother about how many shares you buy or for how much rupees. Use a simple formula to calculate tax and brokerage both together. Both are......
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