The Railways Ministry has asked the IRCTC to share 50% of its proceeds of service charge on e-ticketing. The IRCTC will start sharing half of the convenience fees with the government from November 1, 2021. Analysts believe the development may impact IRCTC's revenues in the future as a large chunk of IRCTC's revenues come from internet ticketing services
The Railways Ministry has asked the IRCTC to share 50% of its proceeds of service charge on e-ticketing. The IRCTC will start sharing half of the convenience fees with the government from November 1, 2021. Analysts believe the development may impact IRCTC's revenues in the future as a large chunk of IRCTC's revenues come from internet ticketing services
