<h1>CBDT Signs Seven New Unilateral APAs, Totaling 39 Agreements, Boosting Tax Certainty in Key Sectors.</h1> The Central Board of Direct Taxes (CBDT) has signed seven additional unilateral Advance Pricing Agreements (APAs) with taxpayers, increasing the total to 39 agreements. This includes 38 unilateral and one bilateral agreement, with 30 signed in the current fiscal year. The new agreements cover sectors such as investment advisory, software development, IT-enabled services, and manufacturing. Introduced in 2012, the APA scheme aims to provide transfer pricing certainty by pre-determining pricing methods for international transactions. The initiative has been well-received by the industry for enhancing tax predictability and supporting a stable business environment.