Changes in brokerage charges due to SEBI's 'True-to-Label' rule, companies' revenue likely to decrease.

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 (…).