Brokerage

Tax Glossary Definition

Brokerage

Brokerage is the fee or commission paid to a broker for facilitating transactions, such as buying or selling securities, commodities, or other assets. It is usually calculated as a percentage of the transaction value and is considered a legitimate business or investment expense in many cases.

Example: The brokerage paid on share trading is treated as an allowable business expense and can be deducted while computing taxable income from capital gains or business income.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat