If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...

The Committee on Foreign Investment in the United States (CFIUS) was established to safeguard America’s economic and national security interests by scrutinizing foreign investments for potential ...

Nippon Steel Corp. headquarters is seen in Tokyo's Chiyoda Ward on June 18, 2021. (Mainichi) TOKYO (Kyodo) -- Nippon Steel Corp. said Thursday it will delay the deadline for its planned ...

TOKYO (Reuters) - Japan's Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal ...

A committee of top government agency officials has notified President Joe Biden that it has not reached a consensus on whether a sale of US Steel to a Japanese rival poses a national security risk ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some ...

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

Your guide to what the 2024 US election means for Washington and the world A US panel vetting Nippon Steel’s proposed takeover of US Steel has been unable to agree on whether President Joe Biden ...

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel ...

TOKYO -- Nippon Steel on Friday accused the United Steelworkers union of undermining talks on the company's takeover of U.S. Steel before a meeting with mayors had even concluded. "We were ...

Nippon Steel Corp. alleges the White House had undue influence over a national security review of the Japanese company’s $14.9 billion bid for United States Steel Corp. and threatened legal ...