A step-up fee structure with a revised threshold of Rs 100 million has been introduced with relation to secondary market transaction fee computations, and will take effect from tomorrow.
A fee of 1.1200% is set to be applicable to share transactions below Rs.100 million while a fee of 0.6125% is set to be applicable for transactions above Rs. 100 million.
Share transactions above Rs. 100 million would therefore be applicable to the step-up fee structure.
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