The Central Board of Direct Taxes (CBDT) has signed a record 219 Advance Pricing Agreements (APAs) with Indian taxpayers during the 2025-26 financial year, which is the highest number of APAs signed in a single year since the program's inception. According to the Ministry of Finance, the total number of APAs signed so far has exceeded one thousand, reaching over one thousand agreements. This includes 750 unilateral APAs and 284 bilateral APAs.
Out of the total agreements signed this year, 84 were bilateral APAs, surpassing last year's record of 65. These were concluded with 13 treaty partners, including the United States, the United Kingdom, Japan, Singapore, Australia, and France. Notably, India also signed its first-ever bilateral APAs with France, Ireland, Indonesia, and Sweden. The CBDT has maintained a steady increase in APA signings over the years, with 174 agreements concluded in 2024-25 and 125 in 2023-24.