{"id":5089,"date":"2024-10-05T02:40:57","date_gmt":"2024-10-05T02:40:57","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=5089"},"modified":"2024-10-05T03:54:16","modified_gmt":"2024-10-05T03:54:16","slug":"paytm-money-pricing-update-revised-charges-effective-1st-october","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/paytm-money-pricing-update-revised-charges-effective-1st-october\/","title":{"rendered":"Paytm Money Pricing Update: Revised Charges Effective 1st October"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">At Paytm Money, we continually strive to keep our services transparent and affordable for all users. As part of this commitment, we\u2019re announcing a revision in some of the trading charges, effective from 1st October 2024, as mandated by a circular from the exchanges (<\/span><a href=\"https:\/\/nsearchives.nseindia.com\/content\/circulars\/FATAX63809.pdf\"><span style=\"font-weight: 400;\">https:\/\/nsearchives.nseindia.com\/content\/circulars\/FATAX63809.pdf<\/span><\/a><span style=\"font-weight: 400;\">). We\u2019d like to assure you that apart from these specific updates, all other charges, including brokerage, remain unchanged.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s a detailed look at the revised charges:<\/span><\/p>\n<h3><b>1. DP Charges for Equity Delivery Sales<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">While the Depository Participant (DP) charges for selling equity delivery remain the same at \u20b913.5, there is now a clear split of how these charges are allocated:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u20b93.5 for CDSL<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u20b910 for Paytm Money<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">This breakdown ensures transparency, so you know exactly where your money is going when you sell equity delivery stocks.<\/span><\/p>\n<h3><b>2. Revised Securities Transaction Tax (STT) on Sale of Options &amp; Futures<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The Securities Transaction Tax (STT) levied on the sale of options and futures has undergone a revision. Here\u2019s what\u2019s changed:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sale of Options<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The STT has been increased from <\/span><b>0.0625% to 0.1%<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">This means that for every sale of options, you will now be charged 0.1% of the total transaction value as STT.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sale of Futures<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The STT on selling futures has also seen an increment, moving from <\/span><b>0.0125% to 0.02%<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">This means a slightly higher STT will be levied on the sale of futures contracts.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><b>Why Have These Changes Been Made?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">These changes are largely in line with regulatory updates and reflect the evolving tax structures within the securities market. The revision in STT is a mandated adjustment and applies across the industry. At Paytm Money, we\u2019re simply aligning with these changes to ensure compliance while keeping our pricing structure clear and competitive.<\/span><\/p>\n<h3><b>What Remains Unchanged?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">We know how important pricing is to our users. Therefore, apart from the aforementioned changes, <\/span><b>all other charges remain the same<\/b><span style=\"font-weight: 400;\">. This includes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Brokerage Fees<\/b><span style=\"font-weight: 400;\">: Our brokerage remains the same, giving you a cost-effective trading experience.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Other Charges<\/b><span style=\"font-weight: 400;\">: No other fees or charges have been modified.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You may check the costs associated with Paytm Money on our<\/span><b> Pricing<\/b><span style=\"font-weight: 400;\"> page: <\/span><a href=\"https:\/\/www.paytmmoney.com\/stocks\/pricing\"><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com\/stocks\/pricing<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>How Does This Affect You?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If you trade in equity delivery, options, or futures, these updates will affect your transactions from 1st October onward. For example:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When selling options, the STT will now be 0.1% of the transaction value, up from the earlier 0.0625%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For futures, the STT rate will now be 0.02%, slightly higher than the previous rate of 0.0125%.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The DP charges for selling equity delivery stocks remain \u20b913.5 but now include the detailed split between CDSL and Paytm Money.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To know the brokerage load for your trades, you may use our <\/span><b>Brokerage Calculator<\/b><span style=\"font-weight: 400;\">: <\/span><a href=\"https:\/\/www.paytmmoney.com\/stocks\/brokerage-calculator\"><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com\/stocks\/brokerage-calculator<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><b>Stay Informed<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">For any questions or further clarifications, feel free to reach out to our customer support team or visit our pricing page on the Paytm Money app. We\u2019re always here to help you with your queries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant &#8211; IN &#8211; DP &#8211; 416 -2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707). Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For more details, please visit <\/span><a href=\"https:\/\/www.paytmmoney.com\"><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At Paytm Money, we continually strive to keep our services transparent and affordable for all users. As part of this commitment, we\u2019re announcing a revision in some of the trading charges, effective from 1st October 2024, as mandated by a circular from the exchanges (https:\/\/nsearchives.nseindia.com\/content\/circulars\/FATAX63809.pdf). We\u2019d like to assure you that apart from these specific<a href=\"https:\/\/www.paytmmoney.com\/blog\/paytm-money-pricing-update-revised-charges-effective-1st-october\/\">Continue reading <span class=\"sr-only\">&#8220;Paytm Money Pricing Update: Revised Charges Effective 1st October&#8221;<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":5090,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8,7],"tags":[],"class_list":["post-5089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-insights"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=5089"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/5090"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=5089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=5089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=5089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}