CBDT Sets New Record by Signing 219 Advance Pricing Agreements in FY 2025-26

The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) has issued a press release dated March 31, 2026, informing about a major record achieved by the Government of India by signing a record 219 Advance Pricing Agreements (APAs) in the financial year 2025-26 with Indian taxpayers. The Unilateral APAs (UAPAs) and Bilateral APAs (BAPAs) are included.

With this achievement, the total number of APAs signed has crossed the limit of 1,000 and reached 1,034 APAs [including 750 Unilateral APAs (UAPAs) and 284 Bilateral APAs (BAPAs)] since the programme was originally initiated.

This year again, the CBDT marked a record by signing the highest (i.e., 219 APAs) Advance Pricing Agreements in comparison to all the financial years in the past since the start of the programme. Last year in FY 2024-25, CBDT had signed a total of 65 BAPAs, while this year the total BAPAs signed have been recorded at 84 in pursuance of entering into Mutual Agreements with 13 partner countries, including the US, Finland, the UK, Singapore, Japan, South Korea, Australia, Denmark, Sweden, France, Indonesia, Ireland, and New Zealand.

Notably, India signed its first-ever bilateral agreements with France, Ireland, Indonesia, and Sweden. The steady rise in APA numbers over recent years reflects the growing trust of taxpayers in this system. The Safe Harbour Rules support the APA framework by providing a simpler and quicker way for businesses to adhere to transfer pricing rules.

✅CBDT has signed a record 219 Advance Pricing Agreements (APAs) in FY 2025–26, taking the total number of APAs beyond the milestone of 1000 (i.e. 1034) since inception.

✅With 84 Bilateral APAs (BAPAs), the highest ever in a single year and new milestones achieved with key… pic.twitter.com/amG4xnxnq0

— Income Tax India (@IncomeTaxIndia) March 31, 2026