SEBI's income from fees and other charges dropped by 46 per cent

SEBI’s income from fees and other charges dropped by 46% to Rs 2130000000 in the fiscal 2008-09 as against Rs 3970000000 recorded during the previous fiscal, SEBI’s annual report released on Wednesday said. The sharp drop in income from turnover fee charged from brokers in the cash and derivative market contributed to lower fee income from the brokers. Only Rs 37.160000000 was collected from stock brokers and sub-brokers as annual and turnover charges, as against Rs 63.990000000 collected in the previous fiscal. Rs 36.270000000 was collected from members of the derivatives segment as against Rs 64.310000000 collected previously.