In a major overhaul of its ticketing and refund policy, the Indian Railways has announced significant changes aimed at preventing large-scale ticket black marketing. Under the revised rules, passengers who cancel their reserved tickets less than eight hours before the scheduled departure will no longer receive any refund. For cancellations made between 24 hours and 8 hours before departure, passengers will be eligible for a 50 per cent refund. If the cancellation is done between 72 hours and 24 hours prior to the journey, a 75 per cent refund will be provided. Earlier, passengers received a full refund even when cancelling up to 72 hours before the journey.
