Membership fees (A) | 650,000 | 750,000 | 1,000,000 | 1,000,000 | 1,250,000 |
Goods & Service Tax (GST) @18% (B)* | 117,000 | 135,000 | 180,000 | 180,000 | 225,000 |
TOTAL FEE (A+B) | 767,000 | 885,000 | 1,180,000 | 1,180,000 | 1,475,000 |
---|
*GSTIN to be provided for availing GST credit |
NETWORTH REQUIREMENT |
---|
Networth Requirement (As per Dr. L.C. Gupta format) | 1,500,000 | 1,500,000 | 10,000,000 | 30,000,000 | 30,000,000 |
|
DEPOSITS REQUIREMENT |
---|
Base Minimum Capital as per SEBI circulars no. CIR/CDMRD/DRMP/01/ 2015, Dated Oct 01, 2015. & SEBI/HO/CDMRD/DRMP/CIR/P/2018/52 Dated March 21, 2018 | | | | | |
a: Members without Algo trading | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | - |
b: Members doing Algo trading | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | - |
Interest free Deposit (Liquid Assets)
| - | - | 5,000,000 | 5,000,000 | 5,000,000 |