What are the capital gains tax rates for Upstox trades in FY 2025-26?

Short-term capital gains (STCG) on listed equity held under 12 months: 20% under Section 111A (raised from 15% by Budget 2024). Long-term capital gains (LTCG) on listed equity held over 12 months: 12.5% under Section 112A, with the first ₹1.25 lakh exempt (raised from ₹1 lakh by Budget 2024).

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ITR filing guide · Upstox Pro / Web

How to file ITR with Upstox capital gains (FY 2025-26)

Download your Upstox capital gains statement and let a CA handle your ITR-2 or ITR-3. Download your Upstox statement in three steps, upload to FirstReports, and let a CA handle the rest.

20%

STCG rate (equity, <12m)

12.5%

LTCG rate (equity, >12m)

₹1.25L

LTCG exemption

Business

F&O income treated as

Step-by-step: download your Upstox report

1Log in to upstox.com or the Upstox Pro app
2Go to Reports → Profit & Loss
3Select Financial Year: 2025-26
4Click Download Report to get the Excel file
5For F&O or commodity, ensure you download reports for all segments
6Upload to FirstReports

Tips

Upstox provides a consolidated report that includes equity, F&O, and commodity in a single file in most cases
Check that the date range covers 1 Apr 2025 to 31 Mar 2026 exactly

What the Upstox report covers

Equity delivery (STCG/LTCG)Intraday equityF&OCurrency

How FirstReports auto-imports Upstox statements

Upload the Excel file

After downloading from upstox.com, upload the file directly. No reformatting needed.

Auto-detection and classification

FirstReports detects the Upstox column format, classifies each trade as STCG, LTCG, F&O, or intraday, and applies Budget 2024 rates.

Consolidated statement

If your client trades on multiple brokers, all reports are merged into one tax-ready statement. A CA reviews and files the ITR.

Frequently asked questions

Does Upstox show realized and unrealized gains separately?

Yes. For ITR purposes, only realized gains (where shares have been sold) are taxable in FY 2025-26. Unrealized gains on holdings you still own are not taxed until you sell.

I switched from Upstox to Zerodha mid-year. Do I need two reports?

Yes. You need a P&L report from each broker for the period you traded with them. Upload both files to FirstReports — it consolidates all trades into a single tax-ready statement with correct STCG/LTCG classification.

Other broker guides

Zerodha

Kite

Groww

Groww App

Angel One

Angel One App

ICICI Direct

ICICIdirect.com

Need more detail? Read the full Upstox download guide →

Report downloaded? Let a CA file your ITR.

Upload once. Your assigned CA handles computation, filing, and acknowledgement. Starts at ₹999.

File with capital gains · ₹1,999