After Nepal, stock investors of Sri Lanka pay the lowest transaction fee. The comparison is made between the countries Nepal, Sri Lanka, Pakistan, India, Bangladesh, Singapore and Thailand.
On the basis of the transaction fee, India is the most expensive country. Similarly, India also holds the record of the highest stock transaction among the aforementioned countries. According to World Bank Publication, India logs USD 1259.59 billion of annual stock transactions whereas Nepal logs a mere USD 1.001 billion of annual stock transactions.
Sri Lanka and Nepal share the same amount in the annual stock transactions of Rs 1.01 billion USD. Compare to Nepal and Sri Lanka, Pakistan and Bangladesh carry out more stock transactions. Moreover, Thailand and Singapore exceed the transaction amount of Pakistan and Bangladesh.
The study shows that the countries with higher stock transaction amount also levy higher fees. India with the highest stock transaction amount also collects more fees from the investors.
In Nepal, stock investors pay fees and charges in four different topics whereas the investors are required to pay fees in a dozen topics in other countries. The investors in those countries pay extra fees in topics like exchange fees, online banking charges, service charges, online trading charges, trading charges, etc. In Thailand, the stock investors are required to pay VAT as well.