EconomyWednesday, 1 April 2026·https://testbook.com/current-affairs/01-april-2026-daily-current-affairs
CBDT signs 219 APAs in FY 2025-26; total agreements cross 1,034
CBDT recorded 219 APAs in FY 2025-26, taking the cumulative total to 1,034 and bilateral APAs to a record 84.
Key highlights
Direct fact
In FY 2025–26, the CBDT signed 219 Advance Pricing Agreements, taking India’s cumulative APA count to 1,034 by April 2026.
Key specifics
- Total APAs reached 1,034, including 750 Unilateral APAs and 284 Bilateral APAs.
- CBDT signed 84 Bilateral APAs in FY 2025–26, the highest ever in a single financial year.
- Bilateral APAs were concluded with 13 treaty partners, including the United States, the United Kingdom, Singapore, Japan and South Korea.
- First-ever Bilateral APAs were signed with France, Ireland, Indonesia and Sweden.
- APAs provide international tax certainty and can protect taxpayers from double taxation.
Exam lens
Question type: economy and taxation current affairs; CBDT, 219 APAs, 1,034 total, 84 bilateral APAs, and 13 treaty partners are the key facts for TNPSC.