Fifty rupees.

Note or Memorandum, sent by a broker or agent to his principal intimating the purchase or sale on account of such principal-

1. (a) of any goods exceeding in value one hundred rupees. Two rupees for every rupees one lakh or part thereof, subject to a maximum of fifty rupees.
2. (b) of any share, scrip, stock, bond, debenture, debenture stock or other marketable security of a like nature exceeding in value one hundred rupees, not being a Government Security. Rupees two for every one lakh or part thereof, of the value of the security at the time of its purchase or sale, as the case may be, in case of non-delivery- based transactions; and one rupee for every rupees 10,000 or part thereof in case of delivery-based transactions.
3. (c) of a Government Security. One rupee for every rupees ten thousand or part thereof, of the value of the security, at the time of its purchase or sale, as the case may be, subject to maximum of five thousand rupees. Explanation - For the purpose of clause(a) of this article, the record of transaction (electronic or otherwise) relating to future and option trading and forward contracts of goods described in clause
4. (a) effected by the firm for itself or by proprietor for himself, who is a trading member through stock exchange or an association as defined in clause
5. (a) of section 2 of the Forward Contract (Regulation) Act, 1952 (No.74 of 1952) shall be deemed to be a Note or Memorandum.