The Central Board of Direct Taxes (CBDT) released its 7th Annual Report on the Advance Pricing Agreement (APA) Programme for FY 2024–2025, marking a record year in terms of agreements signed, bilateral cooperation, and tax certainty. The APA Programme continues to reinforce India’s position as a stable, transparent, and investor-friendly jurisdiction for resolving transfer pricing disputes and fostering a predictable tax environment for multinational investors.