From the 1980s onwards, Lata Mangeshkar worked with music directors including Shiv Hari in Silsila (1981), Faasle (1985), Vijay (1988) and Chandni (1989). Ram Laxman in Ustadi Ustad Se (1981), Bezubaan (1982), Woh Jo Hasina (1983), Ye Kesa Farz (1985) and Maine Pyar Kiya (1989) which was a musical hit.In 1988, Mangeshkar made a come back to Tamil films with two back to back renditions Aaraaro Aaraaro and Valai Osai for composer Ilayarajas compositions for the films Aanand and Sathya respectively.In June 1985, the United Way of Greater Toronto invited the Lata Mangeshkar to perform at Maple Leaf Gardens. She filled 12,000 seats, raising $150,000 for the charity.During the 1990s, she recorded with music directors including Anand Milind, Nadeem Shravan, Jatin Lalit, Dilip Sen Sameer Sen, Uttam Singh, Anu Malik, Aadesh Shrivastava and A. R. Rahman. She recorded some non film songs, including ghazals with Jagjit Singh. She has also sung with S. P. Balasubrahmanyam, Udit Narayan, Hariharan, Kumar Sanu, Suresh Wadkar, Mohammed Aziz, Abhijeet Bhattacharya, Roop Kumar Rathod, Vinod Rathod, Gurdas Maan and Sonu Nigam.In 1990, Mangeshkar launched her own production house for Hindi movies which produced the Gulzar directed movie Lekin.... She won her third National Film Award for Best Female Playback Singer for her rendition of the song Yaara Sili Sili from the film, which was composed by her brother Hridaynath.
Mangeshkar has sung for almost all the Yash Chopra films and films from his production house Yash Raj Films at that time, including Chandni (1989), Lamhe (1991), Darr (1993), Yeh Dillagi (1994), Dilwale Dulhania Le Jayenge (1995), Dil To Pagal Hai (1997) and later on Mohabbatein (2000), Mujhse Dosti Karoge! (2002) and Veer Zaara (2004).During 1990, Mangeshkar records with Ram Laxman in Patthar Ke Phool (1991), 100 Days (1991), Mehboob Mere Mehboob (1992), Saatwan Aasman (1992), I Love You (1992 film) (1992), Dil Ki Baazi (1993), Antim Nyay (1993), The Melody of Love (1993), The Law (1994), Hum Aapke Hain Koun..! (1994), Megha (1996), Lav Kush (1997), Manchala (1999), and Dulhan Banoo Main Teri (1999).A. R. Rahman recorded a few songs with Mangeshkar during this period, including Jiya Jale (Dil Se..), Khamoshiyan Gungunane Lagin (One 2 Ka 4), Ek Tu Hi Bharosa (Pukar), Pyaara Sa Gaon (Zubeidaa),So Gaye Hain (Zubeidaa) Lukka chuppi (Rang De Basanti) and O Paalanhaare (Lagaan). She made an appearance in the film Pukar singing this song.
In 1994, Lata Mangeshkar released Shraddanjali My Tribute To The Immortals. The special feature of the album is that Lata offer her tributes to immortal singers of the time by rendering a few of their songs in her own voice. There are songs of K.L. Saigal, Rafi, Hemant Kumar, Mukesh, Punkaj Mallick and Kishore Kumar, Geeta dutt, Zohrabai, Amirbai, Parul Ghosh and Kanan Devi.Mangeshkar sang both, Rahul Dev Burmans first and last song. In 1994, she sang last song Kuch Na Kaho for Rahul Dev Burman in 1942 A Love Story.In 1999, Lata Eau de Parfum, a perfume brand named after her, was launched.In 1999, Mangeshkar was nominated as a member of Rajya Sabha However, she did not attend the Rajya Sabha sessions regularly, inviting criticism from several members of the House, including the Deputy Chairperson Najma Heptullah, Pranab Mukherjee and Shabana Azmi.She stated the reason for her absence as ill health; it was also reported that she had not taken a salary, allowance or a house in Delhi for being a Member of Parliament.
In 2001, Lata Mangeshkar was awarded Bharat Ratna, Indias highest civilian honor. In the same year, she established the Master Deenanath Mangeshkar Hospital in Pune, managed by the Lata Mangeshkar Medical Foundation (founded by the Mangeshkar family in October 1989). In 2005, she designed a jewellery collection called Swaranjali, which was crafted by Adora, an Indian diamond export company. Five pieces from the collection raised