Railways extend 10% rebate in fare on vacant berths to all trains from January 1
Passengers in the Indian railways will now get a 10% rebate in basic fare on vacant berths after preparation of the first class, Ministry of Railways said on Friday.
“10% rebate shall be applicable on the base fare of last ticket sold for a particular class and train just before preparation of first chart,” the Ministry said.
This scheme was earlier introduced by the Ministry for Rajdhani Duronto and Shatabdi trains only and has now been extended.
This facility, the railways said, will be available from January 1, 2017 for a period of six months on experimental basis.
The order issued by the railways further said, “Reservation fee and superfast charge as applicable shall be levied in full & service tax and so on as applicable shall be levied.”
The idea of offering rebate was that in case train berths were lying vacant, passengers could book tickets at a lower price.
“10% discount shall also be applicable for allotment of vacant berths (due to non-turned up passengers) in the train by TTEs,” the report added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
06:35 PM IST