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Railways to extend sops for digital transactions till June 30

Railways to extend sops for digital transactions till June 30

Saturday, April 1, 2017, 7:43 AM

Adding to the woes of Indian Railway Catering and Tourism Corporation (IRCTC), the government on Friday decided to extend the service charge waiver on railway tickets and other incentives for digital transactions for two more months. The decision will have implications on the plan to list IRCTC as an annual waiver will lead to a loss of Rs 500 crore to the company’s revenue.
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