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With the Govt.’s decision to roll back PMLA and festive season around, the Indian jewellery manufacturing and retail industry is looking forward to this year’s Diwali sales season with great hope. The October issue brings you the latest developments in the Gem and Jewellery sector. Our special feature brings you a minute to minute coverage of the government’s roll back of PMLA. On Aug 23rd a notification classified dealers in precious metals, precious stones and other high value goods as persons carrying on designated business and professions under the Prevention of Money Laundering Act (PMLA), 2002. GJF played a very significant role in this matter and after considering various aspects of the issue, the Government decided to call off the notification. A separate notification after due consideration of points raised and wider stakeholder consultation in this regard shall be issued separately.
The Art of Jewellery is India's No. 1 business magazine on the jewellery trade and industry. A one-stop source of cutting-edge information for the Gems and Jewellery sector, it is reputed for its focused content, high editorial standards, creative design, rich imagery and state-of-the-art printing. Now in 14th year of publishing, it has won many awards and rich accolades for its contribution to the jewellery industry and trade. It is widely recognized by readers, advertisers, and the jewellery community as a premier magazine in the industry. It reaches quality jewellery retailers in India and overseas and has an extended reach during exhibitions and trade fairs. The Art of Jewellery has a tremendous web and digital presence and is a pioneer in providing daily news updates on national and international happenings. AOJ Daily – E news capsule reaches more than 80,000 industry players on daily basis.