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TCS gives Rs 220 crore to electoral trust

Tata consultancy services informed that it gives Rs 220 crore in the fourth quarter ended March to an electoral trust accounted under other expenses in its profit and loss account. This seems to be one of the highest donations Tata Consultancy Services has ever made towards electoral funding though it is not clear which parties benefited from the company’s contribution.

Tata group gave money to electoral trust in the past and also gave money previously to the progressive electoral trust that was set up by Tata trusts in 2013 which funded multiple political parties. The trust had funded Congress and Biju Janata Dal the mostly between April 1 2013 and March 31st 2016 during which period it contributed only Rs1.5 crore. India has a number of electoral trusts which are intermediaries between political parties and corporates.

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