Charges & Taxes

On each contract note and in your ledger — both available in the app/back office; AMC and DP charges appear in your statements.

Yes — tax applies when you SELL at a gain, regardless of withdrawal.

Yes, at your slab; TDS at 10% applies beyond ₹5,000 from a company in a year.

Listed equity held for more than 12 months qualifies as long-term capital gains; 12 months or less is short-term, taxed at special rates. Rates and exemption limits change with Finance Acts, so check our Charges & Taxes learn page for the current figures, and consult a tax professional for your specific situation.

Yes. The Back Office portal provides P&L statements, capital gains reports and your ledger for any financial year — exactly what you or your CA need at tax time. Contract notes for every trade are also emailed to you within 24 hours of trading.

STT — Securities Transaction Tax — is a small government tax charged automatically on exchange transactions in equities and derivatives. It is collected by the exchange through the broker and shown separately on your contract note, so you always see exactly what was charged.

Our complete, updated schedule of charges — brokerage, account maintenance, transaction charges and statutory levies like STT, GST and stamp duty — is published on our Pricing page. We believe in full clarity: your contract note after every trade lists each charge separately, so you can see exactly what you paid and why.

A contract note is the official record of every trade you make — quantity, price, time, brokerage and all charges. SEBI requires brokers to send it within 24 hours of your trade, and PCJ emails it to you the same evening. Keep them safely; they are also your proof for tax calculations.

Holding shares has a small annual maintenance charge for the demat account, listed on our Pricing page. There is no charge for shares coming into your account (credits). When you sell, a small depository transaction charge applies per debit. Your Relationship Manager can walk you through the exact numbers.

There is no minimum. You can buy a single share, and many good companies trade at modest prices. If you prefer mutual funds, SIPs start from as little as ₹500 a month. What matters is starting early and staying regular — the amount can grow with your confidence.

In delivery trading you buy shares and hold them — they are credited to your demat account and remain yours until you sell. In intraday trading you buy and sell the same day, closing your position before the market shuts. Delivery builds long-term wealth; intraday is short-term trading that needs skill, discipline and strict stop losses.

Normal equity market hours on NSE and BSE are 9:15 AM to 3:30 PM, Monday to Friday, with a pre-open session from 9:00 to 9:15 AM. Markets are closed on exchange holidays — see our Market Holidays page for this year's full list and a live open/closed status.

A stop loss is an order that automatically exits your position if the price crosses a level you set, capping your loss. For traders it is essential — it turns an unlimited risk into a known, small one. Decide your exit level before you enter a trade, not after the price starts falling.

Yes, in most cases you can convert an intraday position to delivery before the market closes, provided you have the full funds for the purchase. The reverse is also possible subject to margins. Do note that conversion depends on the stock being available for delivery trades and on your available balance.

PCJ has a research desk that shares curated ideas, and your dedicated Relationship Manager helps you understand them in the context of your own goals. The final decision is always yours — SEBI registration and NISM certification do not guarantee returns, and no honest broker will promise them.