No charges on air ticket cancellation within 24 hours of booking

Ministry of Civil Aviation has announced the Draft Passenger Charter, which defines the rights of the passengers, under which Jayant Sinha, Minister of State, Civil Aviation, informed that there will be a lock-in period of 24 hours post booking for passenger, allowing them to cancel or amend the ticket without any charges. However, he said that this waiver will not be eligible for a ticket booked 96 hours (4 days) before the departure of the flight. It was also revealed that if the airline is at fault for any delays or cancellation, then under no circumstance the airline, or the OTA or agents who has booked the ticket, can levy cancellation charges which are more than the total of basic fare and fuel surcharge.