Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Income earned from a minor’s investments is clubbed with the parent’s or guardian’s income and taxed at their applicable slab rate. An exemption of up to ₹1,500 per child per financial year is allowed.