Today's Cancelled Trains
Train timings
06:54
Mumbaikars News :AC Local Suburban Train Between Borivalli and ChurchGate from 01.01.2018
Mumbaikars News :AC Local Suburban Train Between ChurchGate and Virar from 01.01.2018
Source:Western Railway
Showing posts with label AC Fare. Show all posts
Showing posts with label AC Fare. Show all posts
Tuesday, 26 December 2017
Wednesday, 1 November 2017
Second class Chair Car
08:39
Railway Fare Table 2017-18 -New Time Table
Railway Fare Table 2017-18 -New Time Table
Wednesday, 29 June 2016
traffic
08:39
Railways likely to lose more passengers if Airfare-capped
Railways likely to lose more passengers if Airfare-capped
New Delhi: The government’s move to cap air fares to tier-II and tier-III cities at Rs.2,500 is likely to further erode the market share of the railways in passenger traffic. Once the reduced fares for air travel are put in place, there would be very little difference between premium rail fares and what airlines would charge to cover the same distance. Sections of customers could, therefore, shift from railways to airlines, given that the travel time is far lesser in case of the latter.
Though the government has not come out with a detailed policy on the regional connectivity scheme (RCS) announced recently and named the airports which will come under this scheme, the broad contours of the policy
suggest that states ready to give specified tax sops (less than 1% VAT on aviation turbine fuel and waiver of airport charges) will be able to get airlines to start new services to their cities.
Hypothetically, if the Jaisalmer airport, which currently does not have any scheduled operations, gets connected with the Jaipur airport, passengers travelling in the AC first-class and paying Rs.2,300 for the
12-hour rail journey between the two cities, will have to shell out only an additional Rs.200 under the RCS for travel by air that takes 75 minutes.
Similarly, if the Malda airport in West Bengal gets connected to the Bagdogra airport, existing railway passengers in premium classes will likely to find air travel more attractive as they can save five hours in journey time.
Indian Railways has witnessed a decline in passenger bookings — from 839 crore in FY14 to 818 crore in FY16. The number of passengers travelling in the AC first-class has fallen 4.1% since FY14.
On the other hand, the aviation sector has experienced a 20.34% annual growth in the passenger traffic in 2015. Domestic passenger traffic witnessed a growth of 21% in April over the same month in 2015.
“In the last three years, airlines have continuously been eating into the railways’ share of passenger traffic. The trend is likely to accelerate, moving forward due to fall in airline fares, the economic growth and increased per capita income of people. With the recent thrust on regional connectivity, many of the non-operational routes will witness airline operations and with the government capping fares, many people would shift to this faster mode of transport,” Abhay Krishna Agarwal, partner, infrastructure & PPP, Ernst & Young, said.
The government plans to revive 160 airports and airstrips, and each of it will cost around Rs.50-100 crore. On its part, the railways has lined up a series of semi-high speed and luxury trains, but it remains to be seen how well it can compete with airlines.
Source:RailNews
Monday, 23 November 2015
SWACHH BHARAT
23:48
Swachh Bharat Cess: Increase in AC Fares of Train Passengers
Swachh Bharat Cess : increase in AC Fares of Train Passengers
Sunday, 15 November 2015
service charges
08:35
Over 4 per cent hike in upper class railway fares from Nov 15
Over 4 per cent hike in upper class railway fares from Nov 15
Railway fares for travel in the upper class categories will go up from tomorrow as a service tax levy of 14 per cent and a Swachh Bharat cess of 0.5 per cent become effective.
According to a rail ministry circular, fares will go up by 4.35 per cent for First Class and all AC Classes from November 15. There was a notification by the government for imposing a Swachh Bharat cess on all taxable services on November 6.
“Service tax of 14 per cent and Swachh Bharat cess of 0.5 per cent are chargeable on 30 per cent total passenger fare equivalent on 30 per cent of total passenger fare equivalent to 4.35 per cent of the total fare on first class and all AC fares,” the circular said.
However, the service tax will not be applicable for tickets issued before November 15. The levy will not be applicable for general and sleeper class travel. With the hike, AC-I fares on mail and express trains from New Delhi to Mumbai will go up by Rs 206 while the rise is of Rs 102 for AC-III fares from New Delhi to Howrah.
On the Delhi-Chennai route, the increased fare works out to about Rs 140 for the AC-II segment. According to an estimate, the service tax levy and the Swachh Bharat cess are expected to fetch about Rs 1,000 crore in a year. Annual earnings for railways from the passenger segment are estimated to be at about Rs 35,000 crore.
Source:The Indian Express
Monday, 1 June 2015
Mobile service
08:02
Service tax hiked to 14%, mobile, hotel, railways, other services to be costlier from today
Service tax hiked to 14%, mobile, hotel, railways, other services to be costlier from today
New Delhi: People will have to shell out more from Monday while using mobiles, eating out and travelling as the service tax rate goes up to 14 per cent.
Finance Minister Arun Jaitley in his Budget had proposed to raise service tax from 12.36 per cent (including education cess) to 14 per cent. The proposal takes effect from June 1.
The tax is levied on all services, expect a small negative list.
Some of the key services that will attract higher tax and hence become costlier are: railways, airlines, banking, insurance, advertising, architecture, construction, credit cards, event management and tour operators.
Mobile operators and credit card companies have already started sending messages to subscribers conveying the increase in service tax rate which will have a bearing on the bills.
According to railway ministry officials, fares for First Class and AC classes in passenger trains, besides freight charges, will go up by 0.5 per cent from June 1.
"Currently, 3.7 per cent service tax is levied on train fares for AC Class, First Class and freight. This will go up to 4.2 per cent from June which means the rise is only 0.5 per cent," the official said. Currently, there is abatement of 70 per cent on passenger services.
Jaitley had proposed to raise the service tax rate to 14 per cent to facilitate a smooth transition to the Goods and Services Tax (GST) regime, which the government wants to roll out from April 2016.
Once implemented, GST will subsume service tax, excise and other local levies.
"To facilitate a smooth transition to levy of tax on services by both the Centre and the States, it is proposed to increase the present rate of service tax plus education cesses from 12.36 per cent to a consolidated rate of 14 per cent," Jaitley had said in Budget speech.
Education cess, which is levied on service tax, will be subsumed in the service tax rate with effect from June 1.
Although the Budget also proposed a 2 per cent Swachh Bharat cess on selected services, the government is yet to come out with a notification in this regard.
Source:IBNLIVE
Tuesday, 3 March 2015
Ticket fare
05:55
AC Train ticket fares may increase from April 1.
AC Train ticket fares may increase from April 1.
Mumbai: First-class season ticket fares may increase along with a marginal hike in higher classes of train travel due to a proposal in the Union budget 2015-16 for an upward revision in service tax to 14%. The new fares with service tax will become applicable from April 1.
As of now the service tax is 12.36% but the railways are entitled to 70% rebate on passenger fare. The service tax applicable now for higher class of travel, except general and sleeper class, is 3.71%. A railway official said, “At 14% service tax, railways after deducting the 70% exemption, will charge 4.2% only, which includes education and higher education cess.”
A total of 7 lakh commuters travel by the suburban system on both CR and WR. A senior official said, “As the general budget has proposed a higher service tax, the fare for season ticket will increase by minimum of Rs 5 and maximum of Rs 10 for 60 km travel by first class.”
The service tax will be applicable to AC first class, executive class, AC-2 tier, AC-3 tier, AC chair-car, AC economy class apart from first class. A WR official said, “The fares of Mumbai Central-New Delhi Rajdhani would increase by Rs 10 for three-tier AC and Rs 15 for two-tier AC.”
Another official said there is no such intimation and the budgetary proposals are yet to be debated and approved by the Lok Sabha. “It is too early to speculate as the railways may also get an exemption from this hike.”
The revised fares will not be applicable to passes bought before April 1.
