profit after a seven-year tax holiday. Prasad has also asked for an import price parity regime on the lines of the oil sector for gas saying the landed cost of the fuel must be the base of the calculations. The committee is expected to submit its final report before the end of December.
Seeking new format
* RIL, however, wants pattern of profit sharing mode undisturbed
* PMEAC chief-led panel is looking into design of Production Sharing Contracts in hydrocarbon