A new KYC (Know Your Customer) system is set to be implemented. The West Central Railway has also announced amendments to the rules regarding Tatkal tickets. LPG Cylinders prices changesOil marketing companies revise LPG cylinder prices every month; fluctuations in cylinder prices are likely on August 1st as well. New KYC Regulations:According to Reuters, banks and insurance companies are likely to jointly launch a comprehensive customer identification system called ‘Central KYC 2.0’ on August 1st. Rules regarding railway ticket booking:West Central Railway has announced changes to the Tatkal ticket booking process.