Tata Trusts Charity
Tata Trusts to hike philanthropic spending to ₹2k cr in FY27: CEO
Tata Trusts will increase its philanthropic spending to about Rs 2,000 crore in the current fiscal, according to its CEO Siddharth Sharma, who hit back at media focussing only on 'chaos' in the congregation of charities that control Tata Sons, the holding company of the over USD 180 billion Tata Group. Seeking to put "the record straight about the core activity of the Tata Trusts, for which we exist- philanthropy", in a post on LinkedIn, Sharma bemoaned the media amplifying "certain narratives unfortunately, at times, without verification & analysis- that happens", terming it "both the reality and the tragedy of our times". Recollecting how the Tata Trusts came into existence and its purpose, he wrote, "As the majority shareholders in Tata Sons, we deploy, year after year, the dividends that we receive, into philanthropic causes that uplift those at society's margins and help build a nation. This predates, by 122 years, the CSR mandate that was introduced in 2014 for Indian ...
 "Tata Trusts to hike philanthropic spending to ₹2k cr in FY27: CEO")
Charity Commissioner stops today's Tata Trusts meet, orders inspection
The Commissioner's Office has warned Tata Trusts that any other appropriate orders can be issued to prevent further violation of rules and protect interest of the public trust and its beneficiaries
 "Charity Commissioner stops today's Tata Trusts meet, orders inspection")
Tata Trusts row: Mehli Mistry seeks probe over appointment of non-Parsis
Former trustee Mistry has accused Tata Trusts colleagues, including Chairman Noel Tata, of appointing non-Parsis as trustees, alleging violation of the trust deed's eligibility rules
 "Tata Trusts row: Mehli Mistry seeks probe over appointment of non-Parsis")
Noel Tata elected chairman of Tata Trusts after Ratan Tata's passing
Noel Tata's appointment brings clarity to the future leadership of one of India's largest charitable organisations
 "Noel Tata elected chairman of Tata Trusts after Ratan Tata's passing")
Charitable trusts having a tough time under new regulations, seek more time
The government has asked trusts to share the identities of relatives of trustees, settlors, and substantial contributors, along with information about electronic and other modes of payments
 "Charitable trusts having a tough time under new regulations, seek more time")
How a new tax law has stumped Tata Trusts and top corporate donors
The Finance Bill proposes that if a charitable organisation donates to another charity then only 85 per cent of the donation will be considered as application of income for the donor organisation
 "How a new tax law has stumped Tata Trusts and top corporate donors")
Ratan Tata sets up new endowment trust, likely to fund charities in future
Trusts and foundations are typically set up for estate planning, not investments
 "Ratan Tata sets up new endowment trust, likely to fund charities in future")
Funding from family philanthropy in India triples to Rs 12,000 cr in FY20
Family philanthropy has proven resilient throughout the pandemic, a report said
 "Funding from family philanthropy in India triples to Rs 12,000 cr in FY20")
Covid-19 a wake-up call, says Ratan Tata in outreach to slum dwellers
Tata said while slums are blamed as the cause of current problem, slum-dwellers are not being properly taken care of
Rs 12,000-cr tax blow: I-T dept cancels registration of 6 Tata Trusts
The Trusts further clarified that this order of cancellation is a culmination of the decision taken by these six Trusts in 2015 to surrender, of their own volition, their registration under the Income
 "Rs 12,000-cr tax blow: I-T dept cancels registration of 6 Tata Trusts")
Tata Trusts to invest Rs 500 cr over 5 years for tribal upliftment
Cini aims to cover 1 lakh tribal households in 4 states- Jharkhand, Odisha, Maharashtra, Gujarat
