3M India Signs APA with CBDT, Records ₹1.71 Billion Tax Expense

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

3M India Ltd has signed an Advance Pricing Agreement (APA) with the Central Board of Direct Taxes (CBDT), ensuring tax certainty for its cross‑border transactions. As part of this agreement, the company has recorded a tax expense of ₹1.71 billion, reinforcing compliance, transparency, and long‑term fiscal stability.