India signed a record number of advance pricing agreements in its just-ending fiscal year, blowing past last year’s record amid growing demand from taxpayers.
The Central Board of Direct Taxes signed 219 APAs in fiscal year 2025-26, according to a report released Tuesday, exceeding last year’s record-setting 174 agreements signed by the agency and bringing the total number to over 1,000.
The 2025-26 numbers include 84 bilateral APAs executed with 13 treaty partners — including the US, Finland, the UK, Singapore, Japan, South Korea, Australia, Denmark, Sweden, France, Indonesia, Ireland, and New Zealand. The ...
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