Latest news with #Tatkal
Mint
4 hours ago
- Business
- Mint
Aadhaar-PAN, Tatkal tickets, UPI chargeback & more: New money rules in July 2025 you need to know
Money rule changes from July 2025: A set of financial rules will be implemented from July 2025 onwards, which is likely to affect individuals and businesses across India. The revised UPI chargeback rules, new Tatkal train ticket booking norms, and the requirement to have Aadhar to apply for a PAN card are some of the money rules and initiatives that will be implemented from July 2025 onwards. Check out the important money rule changes starting July 2025 that all individuals and businesses must know: National Payment Corporation of India (NPCI) recently announced changes to UPI chargeback rules, with the aim of simplifying the process. As per the present system, when a chargeback request is denied, mostly due to numerous claims, even in legitimate cases, the bank is required to contact NPCI to whitelist the case through the UPI Reference Complaints System (URCS). According to the announcement on June 20, 2025, NPCI's intervention will no longer be required in such instances. Financial institutions may directly classify authentic declined chargebacks as eligible for reprocessing without awaiting approval from NPCI. Aadhaar card will become mandatory to apply for a new PAN card from July 1, 2025, onwards. Earlier, any valid ID card and a birth certificate were required to apply for a PAN card. However, from July 1, 2025 Aadhaar verification will become a necessary step, according to the Central Board of Direct Taxes (CBDT). From July 2025, several Tatkal ticket booking rules will come into effect. Aadhaar verification will become mandatory for Tatkal train tickets through the website of IRCTC or its mobile app from July 1, 2025, onwards. One-time password (OTP) will be necessary for Tatkal train ticket bookings from July 15 onwards, which means that customers will receive a code on their devices while booking the tickets. OTP authentication will be needed for Tatkal tickets booked at computerised Passenger Reservation System (PRS) counters as well. Indian Railways has introduced a time restriction for authorised ticketing agents, where they cannot book Tatkal tickets within the first 30 minutes after the booking window opens. The restriction window for AC-class Tatkal tickets is from 10:00 am to 10:30 am, and for non-AC-class Tatkal tickets, it is from 11:00 am to 11:30 am. The Goods and Services Tax Network (GSTN) on June 7, 2025 announced that the monthly GST payment form GSTR-3B will become non-editable from July 2025 onwards. Additionally, taxpayers will not be allowed to file their GST returns after the expiry of a period of three years from the due date, GSTN stated. The impacted forms consist of GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8, and GSTR-9. HDFC Bank has announced new credit card fees and updates to its rewards program, which will take effect on July 1. These changes include a 1% fee on monthly spends of more than ₹ 10,000, utility bill payments of more than ₹ 50,000, online gaming transactions of over ₹ 10,000, rent payments, fuel payments of ₹ 15,000, and education-related payments made via third-party apps. These charges are capped at ₹ 4,999. Additionally, no reward points will be available for online skill-based gaming transactions, monthly limit on insurance reward points.
The Hindu
8 hours ago
- Business
- The Hindu
Uneconomical, impractical: Experts on Railway's decision to cap passenger waiting list at 25%
The Railway's decision to limit the passenger waiting list to 25% of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for travellers. The Ministry of Railways, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25% cap has been placed in view of that. "The decision was made after meticulously studying the waiting list confirmation pattern," said Dilip Kumar the Executive Director of Information and Publicity, Railway Board. He highlighted that earlier, there was an allegation that the Railways allowed a lot of passengers to book berths in the waiting category which led to crowding in trains. "It was also alleged that the Railways earned money on ticket cancellation." Refuting the charge, Mr. Kumar stressed the Railways was more concerned about passenger comfort than monetary benefits. The Centre for Railway Information Systems (CRIS) implemented the 25% cap decision on June 16 for trains with reservation facilities. This come around two months after the Ministry, through a circular, conveyed its decision on the matter to all principal chief commercial managers and the CRIS managing director. The April 17 circular stated, "The matter has been reviewed and it has been decided that the maximum current waiting list limit will be revised to 25% of the redefined capacity of each class available at originating as well as roadside stations." It added, "This logic will also be applicable for issuing of waitlisted tickets from remote locations as well as tickets booked under Tatkal scheme. This waiting list limit shall, however, not be applicable to the tickets issued on concessional fares, warrants etc." The circular directed CRIS to "make necessary modifications in the software and inform the date of effect to all zonal Railways." Railway officials said such a cap was in place earlier as well but more and more people were allowed to reserve seats/berths in the waiting category. For more stories on India Railways According to a 2013 circular, the waiting list cap on AC/EC and 2 AC classes was 30 and 100 respectively. Similarly, the first class, 3AC/Chair Car and sleeper class had 30, 300 and 400 waiting limits, respectively. Over a week after the implementation of new waiting norms, a section of experts as well as reservation officials termed the decision "impractical." "Waiting lists give a demand trend based on which we make decisions to run special trains. How will we do it now when the waiting lists of all trains will be capped at 25%?" said a retired senior railway commercial officer who termed waiting lists valuable data to make future decisions. Reservation supervisors said there have been cases in which owing to bulk cancellations, trains departed with some available seats and despite giving confirmed berths to all waiting list passengers, some remained vacant causing a loss to the Railways. "On one hand seats/berths remain vacant and on the other needy people are unable to travel," a supervisor said. "Agents often do bulk booking on routes high on demand. They go for cancellations before 48 hours of a train's departure so that they have to pay just the nominal cancellation charges. In such cases, there is a high possibility that availability of seats/berths will be created before the train's departure," another reservation supervisor said. He added, "This will create opportunities for brokers and touts operating at the current booking window at stations to mint money for passengers as they have prior information of berth positions due to their nexus with lower-level ticket booking staff." Some experts wondered how the Railways arrived at the 25% cap for roadside stations where the berth quota is two or three seats and supposed that it was decided randomly. "It is an ill-conceived decision to minimise the perception of crowding in trains by capping the waiting limits. Even if the aim of it is to minimise crowd in AC classes, it will not help as a prospective passenger can buy a general counter ticket and travel in AC classes. Normally, e-ticket waiting list passengers do the same," a senior commercial officer said. He added, "The Railways should introduce more trains on busy routes rather than bringing all these measures to hide actual demand of travellers."
The Print
8 hours ago
- Politics
- The Print
Uneconomical, impractical: Experts on Railway decision to cap passenger waiting list at 25 pc
'The decision was made after meticulously studying the waiting list confirmation pattern,' said Dilip Kumar the Executive Director of Information and Publicity, Railway Board. The ministry, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25 per cent cap has been placed in view of that. New Delhi, Jun 28 (PTI) The Railway's decision to limit the passenger waiting list to 25 per cent of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for travellers. He highlighted that earlier, there was an allegation that the Railways allowed a lot of passengers to book berths in the waiting category which led to crowding in trains. 'It was also alleged that the Railways earned money on ticket cancellation.' Refuting the charge, Kumar stressed the Railways was more concerned about passenger comfort than monetary benefits. The Centre for Railway Information Systems (CRIS) implemented the 25 per cent cap decision on June 16 for trains with reservation facilities. This come around two months after the ministry, through a circular, conveyed its decision on the matter to all principal chief commercial managers and the CRIS managing director. The April 17 circular stated, 'The matter has been reviewed and it has been decided that the maximum current waiting list limit will be revised to 25 per cent of the redefined capacity of each class available at originating as well as roadside stations.' It added, 'This logic will also be applicable for issuing of waitlisted tickets from remote locations as well as tickets booked under Tatkal scheme. This waiting list limit shall, however, not be applicable to the tickets issued on concessional fares, warrants etc.' The circular directed CRIS to 'make necessary modifications in the software and inform the date of effect to all zonal Railways'. Railway officials said such a cap was in place earlier as well but more and more people were allowed to reserve seats/berths in the waiting category. According to a 2013 circular, the waiting list cap on AC/EC and 2 AC classes was 30 and 100 respectively. Similarly, the first class, 3AC/Chair Car and sleeper class had 30, 300 and 400 waiting limits, respectively. Over a week after the implementation of new waiting norms, a section of experts as well as reservation officials termed the decision 'impractical'. 'Waiting lists give a demand trend based on which we make decisions to run special trains. How will we do it now when the waiting lists of all trains will be capped at 25 per cent?' said a retired senior railway commercial officer who termed waiting lists valuable data to make future decisions. Reservation supervisors said there have been cases in which due to bulk cancellations, trains departed with some available seats and despite giving confirmed berths to all waiting list passengers, some remained vacant causing a loss to the Railways. 'On one hand seats/berths remain vacant and on the other needy people are unable to travel,' a supervisor said. 'Agents often do bulk booking on routes high on demand. They go for cancellations before 48 hours of a train's departure so that they have to pay just the nominal cancellation charges. In such cases, there is a high possibility that availability of seats/berths will be created before the train's departure,' another reservation supervisor said. He added, 'This will create opportunities for brokers and touts operating at the current booking window at stations to mint money for passengers as they have prior information of berth positions due to their nexus with lower-level ticket booking staff.' Some experts wondered how the Railways arrived at the 25 per cent cap for roadside stations where the berth quota is two or three seats and supposed that it was decided randomly. 'It is an ill-conceived decision to minimise the perception of crowding in trains by capping the waiting limits. Even if the aim of it is to minimise crowd in AC classes, it will not help as a prospective passenger can buy a general counter ticket and travel in AC classes. Normally, E-ticket waiting list passengers do the same,' a senior commercial officer said. He added, 'The Railways should introduce more trains on busy routes rather than bringing all these measures to hide actual demand of travellers.' PTI JP JP NSD NSD This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
8 hours ago
- Business
- Business Standard
Experts call 25% cap on railway waiting list 'uneconomical, impractical'
The Railway's decision to limit the passenger waiting list to 25 per cent of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for travellers. The ministry, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25 per cent cap has been placed in view of that. "The decision was made after meticulously studying the waiting list confirmation pattern," said Dilip Kumar the Executive Director of Information and Publicity, Railway Board. He highlighted that earlier, there was an allegation that the Railways allowed a lot of passengers to book berths in the waiting category which led to crowding in trains. "It was also alleged that the Railways earned money on ticket cancellation." Refuting the charge, Kumar stressed the Railways was more concerned about passenger comfort than monetary benefits. The Centre for Railway Information Systems (CRIS) implemented the 25 per cent cap decision on June 16 for trains with reservation facilities. This come around two months after the ministry, through a circular, conveyed its decision on the matter to all principal chief commercial managers and the CRIS managing director. The April 17 circular stated, "The matter has been reviewed and it has been decided that the maximum current waiting list limit will be revised to 25 per cent of the redefined capacity of each class available at originating as well as roadside stations." It added, "This logic will also be applicable for issuing of waitlisted tickets from remote locations as well as tickets booked under Tatkal scheme. This waiting list limit shall, however, not be applicable to the tickets issued on concessional fares, warrants etc." The circular directed CRIS to "make necessary modifications in the software and inform the date of effect to all zonal Railways". Railway officials said such a cap was in place earlier as well but more and more people were allowed to reserve seats/berths in the waiting category. According to a 2013 circular, the waiting list cap on AC/EC and 2 AC classes was 30 and 100 respectively. Similarly, the first class, 3AC/Chair Car and sleeper class had 30, 300 and 400 waiting limits, respectively. Over a week after the implementation of new waiting norms, a section of experts as well as reservation officials termed the decision "impractical". "Waiting lists give a demand trend based on which we make decisions to run special trains. How will we do it now when the waiting lists of all trains will be capped at 25 per cent?" said a retired senior railway commercial officer who termed waiting lists valuable data to make future decisions. Reservation supervisors said there have been cases in which due to bulk cancellations, trains departed with some available seats and despite giving confirmed berths to all waiting list passengers, some remained vacant causing a loss to the Railways. "On one hand seats/berths remain vacant and on the other needy people are unable to travel," a supervisor said. "Agents often do bulk booking on routes high on demand. They go for cancellations before 48 hours of a train's departure so that they have to pay just the nominal cancellation charges. In such cases, there is a high possibility that availability of seats/berths will be created before the train's departure," another reservation supervisor said. He added, "This will create opportunities for brokers and touts operating at the current booking window at stations to mint money for passengers as they have prior information of berth positions due to their nexus with lower-level ticket booking staff." Some experts wondered how the Railways arrived at the 25 per cent cap for roadside stations where the berth quota is two or three seats and supposed that it was decided randomly. "It is an ill-conceived decision to minimise the perception of crowding in trains by capping the waiting limits. Even if the aim of it is to minimise crowd in AC classes, it will not help as a prospective passenger can buy a general counter ticket and travel in AC classes. Normally, E-ticket waiting list passengers do the same," a senior commercial officer said. He added, "The Railways should introduce more trains on busy routes rather than bringing all these measures to hide actual demand of travellers. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
9 hours ago
- Business
- Time of India
Uneconomical, impractical: Experts on Railway decision to cap passenger waiting list at 25%
Indian Railways capped waiting lists at 25 per cent. Reservation staff find this uneconomical and inconvenient. The Railway Board defends the decision, citing low confirmation rates. They aim to reduce crowding and cancellation revenue. Critics say it hinders demand assessment for special trains. Vacant berths and potential broker exploitation are concerns. Experts suggest more trains instead of caps. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Railway's decision to limit the passenger waiting list to 25 per cent of the capacity of each class has been flagged by reservation supervisors, ticket booking clerks and some senior commercial officers as uneconomical for the railways and inconvenient for ministry, however, has justified the decision, saying less than one-fourth of the total number of waiting passengers get confirmed berths on an average and the 25 per cent cap has been placed in view of that."The decision was made after meticulously studying the waiting list confirmation pattern," said Dilip Kumar the Executive Director of Information and Publicity, Railway Board He highlighted that earlier, there was an allegation that the Railways allowed a lot of passengers to book berths in the waiting category which led to crowding in trains. "It was also alleged that the Railways earned money on ticket cancellation."Refuting the charge, Kumar stressed the Railways was more concerned about passenger comfort than monetary Centre for Railway Information Systems (CRIS) implemented the 25 per cent cap decision on June 16 for trains with reservation facilities. This come around two months after the ministry, through a circular, conveyed its decision on the matter to all principal chief commercial managers and the CRIS managing April 17 circular stated, "The matter has been reviewed and it has been decided that the maximum current waiting list limit will be revised to 25 per cent of the redefined capacity of each class available at originating as well as roadside stations."It added, "This logic will also be applicable for issuing of waitlisted tickets from remote locations as well as tickets booked under Tatkal scheme. This waiting list limit shall, however, not be applicable to the tickets issued on concessional fares, warrants etc."The circular directed CRIS to "make necessary modifications in the software and inform the date of effect to all zonal Railways".Railway officials said such a cap was in place earlier as well but more and more people were allowed to reserve seats/berths in the waiting to a 2013 circular, the waiting list cap on AC/EC and 2 AC classes was 30 and 100 respectively. Similarly, the first class, 3AC/Chair Car and sleeper class had 30, 300 and 400 waiting limits, a week after the implementation of new waiting norms, a section of experts as well as reservation officials termed the decision "impractical"."Waiting lists give a demand trend based on which we make decisions to run special trains. How will we do it now when the waiting lists of all trains will be capped at 25 per cent?" said a retired senior railway commercial officer who termed waiting lists valuable data to make future supervisors said there have been cases in which due to bulk cancellations, trains departed with some available seats and despite giving confirmed berths to all waiting list passengers, some remained vacant causing a loss to the Railways."On one hand seats/berths remain vacant and on the other needy people are unable to travel," a supervisor said."Agents often do bulk booking on routes high on demand. They go for cancellations before 48 hours of a train's departure so that they have to pay just the nominal cancellation charges. In such cases, there is a high possibility that availability of seats/berths will be created before the train's departure," another reservation supervisor added, "This will create opportunities for brokers and touts operating at the current booking window at stations to mint money for passengers as they have prior information of berth positions due to their nexus with lower-level ticket booking staff."Some experts wondered how the Railways arrived at the 25 per cent cap for roadside stations where the berth quota is two or three seats and supposed that it was decided randomly."It is an ill-conceived decision to minimise the perception of crowding in trains by capping the waiting limits. Even if the aim of it is to minimise crowd in AC classes, it will not help as a prospective passenger can buy a general counter ticket and travel in AC classes. Normally, E-ticket waiting list passengers do the same," a senior commercial officer added, "The Railways should introduce more trains on busy routes rather than bringing all these measures to hide actual demand of travellers."
