What are DP charges?

A Depository Participant (DP) charge is a fee applied when securities are sold from a demat account. Both the depository and the depository participant levy this fee to cover the costs of maintaining and transferring your securities electronically: Depository: Central Depository Services India Limited (CDSL)

Why am I charged DP charges?

Transaction Charges: DP charges include transaction-based fees for buying, selling, or transferring securities. These charges can vary based on the value and type of transaction.

How can I avoid DP charges?

Keep Your Account Active. Inactive accounts might incur higher maintenance charges. Regular use of your demat account helps avoid these extra fees. Even if you're not trading frequently, logging in periodically or performing small transactions can keep your account active.

How much are DP charges?

6. How much are the DP Charges for NSDL and CDSL? For NSDL, DP Charges are INR 17.50 per sell transaction. The charges may vary slightly for CDSL or other brokers, depending on their fee structure.

Can we claim DP charges?

Brokerage and DP charges are allowed expenses. Only STT is disallowed.

What are DP charges (depository participant charges)? (English)

What happens if you don't pay DP charges?

If your account balance is lower than the required DP charge amount, the redemption request will not be processed. You will need to add funds to your mutual funds account before initiating the redemption.

How are you taxed when you sell stocks?

The current capital gains tax rates are generally 0%, 15% and 20%, depending on your income. Stock dividends may also be subject to these favorable capital gains tax rates as long as they are “qualified,” which is based in part on how long you've owned the stock; if not, ordinary income tax rates apply.

Are DP charges refundable?

No, DP charges are not refundable. When you execute a transaction, these charges are deducted directly from your Demat account balance at that moment.

How many times do DP charges?

DP charges are applied per sell order, not per stock.

This means: If you sell multiple units of the same stock in one order, DP charges are levied only once. If you sell different stocks in separate orders, each sell order will attract separate DP charges.

How do I check my DP charges?

DP charges are posted directly on the funds statement and do not appear on the contract note. Refer to the CDSL amendments to operating instructions for depository participants (PDF).

Are DP charges the same for all brokers?

The key components of DP charges in the share market include: Depository Fees: Charged by CDSL (₹3.50 per transaction) and NSDL (₹5 per transaction). Broker DP Fees: Varies by broker. GST (18%): Applied to total DP charges.

How do I close my demat account?

To close your Demat account, first ensure that all holdings are cleared and there are no outstanding dues. Then, request a closure form from your Depository Participant (DP), fill it in accurately, attach the necessary documents (such as a copy of your PAN card and client ID), and submit the form.

How do I remove DP charges?

Why am I getting double charged on my debit card?

Why was I double-charged for a transaction? If you spot a duplicate charge on your bank statement after payment, it's likely an authorization hold, rather than a double transaction. These holds are temporary and usually resolve automatically.

Which broker is best for trading?

How much tax will I pay when I sell my shares in the UK?

2025/26 tax year

Therefore, the rate of CGT you pay usually only depends on the tax band into which the gain falls when it is added to your taxable income. The main rate of CGT is 18% for basic rate taxpayers. For higher or additional rate taxpayers, the rate is 24%.

Do I pay tax if I don't sell stocks?

When are shares likely to be taxed? Shares can potentially be taxed at five points: when you buy them, when they deliver an income, when you come to sell them, when you give them away and when you pass them on in your estate.

How much stock losses can you write off?

You can use capital losses to offset capital gains during a tax year, allowing you to remove some income from your tax return. You can use a capital loss to offset ordinary income up to $3,000 per year If you don't have capital gains to offset the loss.

Are DP charges compulsory?

Yes, DP charges are compulsory for all shares sell transactions from your Demat account. These fees are mandated by the depository, such as CDSL, and are applied each time you initiate a sale.

What will happen if I don't use my Demat account?

An trading and demat account is most required for purchasing and selling and holding shares. However the trading and demat account could become dormant if there are sustained periods of inactivity. And no trade can be made through an dormant trading account until the reactivation process is completed.

Does ETF have DP charges?

Hi, DP charges are applicable only when you sell your holdings, and this is clearly disclosed on our pricing page. Investing in stocks, ETFs, and mutual funds have no brokerage charges.

Why are DP charges so high?

Depository Participants (DPs) levy DP Charges to cover the costs of providing various services to the investors. These services include the maintenance and safekeeping of securities held in electronic form in an investor's Demat account.

What is the minimum DP charge?

How to check DP holding?

A statement from the Central Depository:

If your DP is NSDL-registered, you must visit the NSDL website and log in. Then, enter your 14-digit Demat Account number to download the holding statement.