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How the ‘One Big Beautiful Bill’ reshapes SALT planning

ThomsonReuters

How the One Big Beautiful Bill is changing SALT policy T he OBB BA introduces a temporary SALT deduction cap of $40,000 starting in 2025, which will phase out for individuals earning over $500,000. Additionally, non-itemizers can claim a charitable deduction of up to $1,000 for cash contributions to a public charity.

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One Big Beautiful Bill Act: Changes, challenges and opportunites

ThomsonReuters

SALT Deduction Cap Adjustments Raised Cap : The state and local tax (SALT) deduction cap increases from $10,000 to $40,000 starting in 2025. New Individual Tax Breaks Tip Income Deduction : Up to $25,000 in tip income is now deductible. For example, you can upload the bill, all 800+ pages of it, and start asking it questions.”

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GCC Digital Upheaval – Fintechs vs Banks

Global Finance

Across the Gulf Cooperation Council (GCC) states, a new generation of fintech start-ups are challenging the dominance of incumbent banks and brokerage firms. Start-ups like Tabby and Tamara have made their mark in consumer credit while wealthtech platforms like Sarwa have made investing more accessible to a broader demographic.

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Saudi Arabia Near Deal For Stake In Gold, Copper Mine Project In Pakistan's Troubled Province

Benzinga

The project, located in the commodity-rich province of Balochistan , is on track to start production by 2028. Pakistan's Special Investment Facilitation Council, which was set up last year to revive the economy, is reportedly working on the deal.

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With 25.08% CAGR, Drone Sensors Market to Hit USD 2,342.1 Million by 2028

Benzinga

million by 2028, exhibiting a CAGR of 25.08% during the forecast period. The increasing deployment of drones amid the COVID-19 crisis will be a major driving factor for this market, postulates Fortune Business Insights ™ in its report, titled "Drone Sensors Market, 2021-2028". Private entities, too, stepped up.

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Formula 1 in Las Vegas: The Race That Hopes You Don’t Sleep

Value Scope

The Heineken Silver Las Vegas Grand Prix 2023 is the start of a three-year contract with the city; although Formula 1 intends to support the race for at least 10 years and the entertainment and gaming hub of the U.S. that stay up to watch the event. intends on a “lifetime partnership” with the top class of international racing.

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Connected Car Market Size [2021-2028] Worth USD 191.83 Billion | Exhibit a CAGR 18.1%

Benzinga

billion in 2028 at a 18.1% Wireless connectivity systems in cars are a trend that is gaining considerable traction in the automotive industry, states Fortune Business Insights in its report titled Connected Car Market, 2021-2028. Forecast Period 2021 to 2028 CAGR. 2028 Value Projection. billion in 2020. Report Coverage.