Cabinet approves Extension of tenure of loans under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri AwasYojana (PMAY) from 15 to 20 years https://www.taxtmi.com/news?id=17355 Approval extends CLSS loan tenure for EWS/LIG to twenty years and creates a new CLSS for the Middle Income Group; PLIs with existing MoUs may extend mandates to the MIG scheme with contractual changes, processing fees for PLIs will be rationalised, an initial budgetary allocation is provided, operational guidelines for CLSS for MIG will be issued, and interest subsidies will be credited to beneficiaries' home loan accounts after PLI due diligence. en-us Wed, 01 Feb 2017 12:04:28 +0530 Wed, 01 Feb 2017 12:04:28 +0530 TaxTMI RSS Generator Cabinet approves Extension of tenure of loans under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri AwasYojana (PMAY) from 15 to 20 years https://www.taxtmi.com/news?id=17355 Approval extends CLSS loan tenure for EWS/LIG to twenty years and creates a new CLSS for the Middle Income Group; PLIs with existing MoUs may extend mandates to the MIG scheme with contractual changes, processing fees for PLIs will be rationalised, an initial budgetary allocation is provided, operational guidelines for CLSS for MIG will be issued, and interest subsidies will be credited to beneficiaries' home loan accounts after PLI due diligence. News - Wed, 01 Feb 2017 12:04:28 +0530 https://www.taxtmi.com/news?id=17355