IRCTC Tatkal Booking

IRCTC Tatkal Booking


Railways' s online e-ticket booking - IRCTC has launched new facilities to pay for Tatkal tickets. Customers had to face numerous problems as Tatkal tickets got booked within minutes of opening due to the quota opening. AC class Tatkal ticket Booking opens at 10:00 am and Tatkal ticket Booking for non-AC class at 11:00 am. Customers are expected to book tatkal tickets one day in advance of their actual date of journey. No concession is given in IRCTC Tatkal booking.

Book now and Pay later option:
IRCTC has started two schemes: ePaylater (powered by Arthashastra Fintech Pvt Ltd) and Pay-On-Delivery (Powered by Anduril Technologies, under book now and pay later option. Customers who wish to book tatkal ticket, while making payment, they need to select ePaylater/Pay-On-Delivery option. For ePayLater option though, the customers need to register to the IRCTC website first. We informed here about Book Now Pay Later IRCTC.

How to book Indian Railways e-ticket?
Register on the website irctc.co.in.
After successful registration, Login by entering your user name and password.
The "Plan my travel" page appears.
If the From/To station selected by you are correct in the route of the train then :
Select e-Ticket option.

How does it work?
Customers who use the option Book now and pay later will get up to 14 days time to make the payment. And at the time of payment, they need to pay 3.50% as charges excluding the taxes.

These are the rules related to Tatkal ticket booking online:

-Booking window for AC class opens at 10:00 am and for non-AC classes at 11:00 am.
-No refund will be given on cancellation of confirmed Tatkal tickets. For contingent cancellation and waitlisted Tatkal ticket cancellations, charges will be deducted as per existing Railway rules.

In case of trains cancelled:
If the train is marked as "CANCELLED" in PRS due to breaches, floods, accidents etc. full refund is permissible in case the ticket is cancelled within three days of the scheduled departure of the train. In case of e-tickets, such cancellations can be done by the customer.

Should you invest in NPS or Not?

Should you invest in NPS or Not?


The National Pension System (NPS), launched by the Pension Fund Regulatory & Development Authority (PFRDA), is one of the best retirement planning scheme in India. An individual must consider investing in NPS by looking below at some points we have mentioned:

What is NPS?

How to Apply for National Pension Scheme Online?

The NPS is a well-regulated, transparent and flexible scheme. NPS scheme, offering complete flexibility, has prudent investing norms for fund managers, and their performance and portfolios are continously monitored by the NPS Trust under the overall supervision of the PFRDA. Under the National Pension System scheme, the percentage of the corpus that goes into equity, corporate bonds and government securities is decided by the investor. A 50% cap on exposure to equity is there.

The NPS charges fund management fees of 0.0102% for the government employees and there's a ceiling of 0.25% for the private sector. And this fees is the lowest in the world. NPS returns are also quite attractive. The total cost of the NPS, including the fund management fee, do not exceed 0.5% per year, making it the cheapest financial product in India.

NPS offers a 'lifecycle fund' which is one of the most important features of NPS. Lifecycle fund is for those people who are not financially aware. It is also the default option for someone who has not indicated his desired allocation. Under this option in NPS scheme, the investor's age decides the equity exposure. The 50% allocation to equity is reduced every year by 2% after the investor turns 35, till it comes down to 10%. This means opt for a higher-risk , higher-return portfolio earlier and upon near retirement , the investor enjoys a more stable, low-risk portfolio.

This automatic cycle of the allocation is a unique feature of the NPS. You can compare it with what other companies are offering as no other pension plan or mutual fund offers this type of facility to investors. NPS scheme also offers a few funds as per a person's age, but they are one-size-fits-all solutions, and thus cannot be customised to an individual's age.

National Pension Scheme features tax benefit under the newly added Section 80 CCD(2). If an employer contributes 10% of the salary (basic salary plus dearness allowance) to the NPS account of the employee, this amount gets tax exemption benefit, under this section. This is over and above the already given Rs 1 lakh tax deduction under Section 80C.