STARTUP LEGAL28 Sept 2026
MakeMyTrip introduces ‘Price Drop Protection’ for flyers: What is it? How does it work? | Company Business News
MakeMyTrip has launched 'Price Drop Protection' for flight bookings. If your fare falls after you book, you can claim a refund of the difference. It works for domestic and international, one-way and round-trip flights, and you must opt in at checkout. Refunds are capped, so check the limit before paying. Example: on a ₹1,00,000 international ticket, a 15% drop gives just ₹3,000 per person.
Key Statutory Highlights
- Price Drop Protection is an opt-in feature you select during checkout, and it covers both domestic and international one-way and round-trip flight bookings.
- If the ticket becomes cheaper after you confirm your booking, MakeMyTrip refunds the fare difference, but the payout is strictly subject to a maximum refund limit.
- In the company's own example, a ₹1,00,000 international flight whose fare drops 15 per cent to ₹85,000 gets the traveller only ₹3,000 per person as refund.
Actionable Advice for Taxpayers / Founders:If you like booking flights early, check the sector-wise refund cap and the add-on fee MakeMyTrip charges before opting in at checkout, so you know the most you can actually get back.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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