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One restaurant in Cape May has made a bold move and publicly announced their cancellation policy - which includes a charge to your credit card since you didn't show up.
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Parliamentary panel seeks uniform cancellation charges for all airlines - Concerns have been expressed that charges are not regulated by the government. The panel's report was tabled in the Rajya Sabha.
Indian Railways news: Know these rules before you cancel confirmed ticket to avoid losing money - If a confirmed ticket is cancelled 30 minutes before the train departure, you will get some refund. Cancellation charges vary as per class and timing.