JLloyds Founders Club

20/02/2018

29/01/2018

The trillion-dollar prize: Plugging government revenue leaks with advanced analytics

Few fiscal opportunities are bigger than reducing revenue leakages from tax and payment abuse. Now, new sources of data and new analytics tools are giving governments the upper hand.

Rare is the government today whose fiscal challenges don’t handcuff leaders seeking to provide for the future through investments in infrastructure, education, and healthcare. Often the difference between funded and deferred policy priorities comes down to the perennial and seemingly intractable challenge of revenue lost to tax noncompliance and improper government payments.

McKinsey analysis suggests that close to 20 percent of government revenues worldwide, or about $5 trillion, go missing each year, either in dollars owed but never paid or in outbound payments gone awry. In this era of growing demands for government services and pressing budget challenges worldwide, few fiscal opportunities loom larger than reducing these leakages

Source: McKinsey

25/01/2018

26/04/2017

They have one thing in common: They work constantly.

08/04/2017

Bengaluru-based online healthcare platform Practo has reportedly sacked over 150 employees. Currently, the company has about 1,500 employees. The layoffs were done as a part of the annual perf...

03/04/2017

One expert interviewed more than 200 rich people to find out what sets them apart.

03/04/2017

01/04/2017

The self-made billionaire sees tremendous opportunity in machine learning.

30/03/2017

28/03/2017

15/03/2017

The two-day conference brings together entrepreneurs, investors and other industry experts across various tracks such as technology, entrepreneurship, digital and entertainment, to discuss emerging trends

13/03/2017

Most of the top spots are taken by Chinese women.