The new tatkal booking schedule will come into effect in the next couple of days, a senior railway official said.
It is also toying with the idea of giving refund on cancellation of tatkal tickets, the percentage of which would be calculated based on a time frames.
The public transporter has decided to rechristen premium trains as "Suvidha" trains with an overhaul in the fare structure, cancellations and bookings, Railway Member (Traffic) Ajay Shukla said.
Talking to reporters, Sharma said the IRCTC website had recently registered three crore hits in a day, slowing the server in the process.
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Besides, he said plans are afoot to refund a percentage of fare on cancellation of tatkal tickets, which is hitherto unavailable.
"We are considering to refund certain percentage. We will have a time frame and if a passenger refunds within the time frame, he will be refunded accordingly," he said.