Changes in brokerage charges due to SEBI's 'True-to-Label' rule, companies' revenue likely to decrease.
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Major brokerage companies have revised the brokerage charges after the new directive of Securities and Exchange Board of India (SEBI) came into effect from October 1. SEBI has implemented a new rule called 'True-to-Label'. Angel One has announced a reduction in charges while Zerodha has not made any changes in them at this time (…).