New Delhi, March 25 -- The government has proposed greater control over foreign-funded assets if organizations that receive funds from overseas sources lose their registration.

The Foreign Contribution (Regulation) Amendment Bill, 2026, tabled in the Lok Sabha on Wednesday, proposes the creation of a "designated authority" that will take charge of foreign contributions and assets created out of such funds in cases where an organization's registration is cancelled, surrendered, not renewed, or the entity ceases to exist, according to the draft reviewed by Mint.

The assets will be initially placed under the authority's control and may be permanently transferred if the organization fails to regain registration within a specified period, it...