InvestorQ : Will the reduction of SEBI turnover fees make a difference to traders?
Arusha Ray made post

Will the reduction of SEBI turnover fees make a difference to traders?

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Mary Joseph answered.
11 months ago
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It may not be a big difference but will surely be a sentimental boost for traders and active players in the futures and options space. SEBI has reduced broker turnover fees and filing charges on offer documents for public offering, rights issue and buyback of shares. The broker turnover fee has been reduced to 50% of the existing structure for the period from June 2020 to March 2021. The benefit of such reduction in fees will be seamlessly passed on to the investors. Besides, fees for filing offer documents for public issue, rights issue and buy back of shares have been halved for now. Even the charges for buyback have been cut. The same halving of fees has been applying to public issues too.

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