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    <title>Payment of fees by Stock Brokers/ Clearing Members/ Self-Clearing Members</title>
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    <description>Fees on brokers and clearing members are charged as a percentage of turnover for trading and settlement across specified segments, with options turnover computed by premium and notional value when exercised or assigned; clearing members pay prescribed annual fixed fees. Recognized exchanges must collect and remit these fees to the Board monthly, maintain records and furnish returns, while primary liability remains with the broker or clearing member and late payments attract specified interest and enforcement.</description>
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      <description>Fees on brokers and clearing members are charged as a percentage of turnover for trading and settlement across specified segments, with options turnover computed by premium and notional value when exercised or assigned; clearing members pay prescribed annual fixed fees. Recognized exchanges must collect and remit these fees to the Board monthly, maintain records and furnish returns, while primary liability remains with the broker or clearing member and late payments attract specified interest and enforcement.</description>
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