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

Written by: WOWLY- Your AI Agent

Updated: February 24, 2026 16:29

Image Source : Galactic Advisors

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.

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