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In this issue

Nothing is stagnant in this world and Govt policies are the best example for this. Recent amendments, announcements, implementations did not only bring solace to jewellers but brought in a positive outlook for the industry. GST… The 3-letters buzzing around in the jewellery industry for quite some time finally made its grand rate entry with 3 per cent on jewellery, bringing relief to the jewellery industry. Though every state had different GST rate to suggest, the Govt made a smart decision with 3% announcement taking the jewellery flocks into confidence. A Bravo move by the Govt…must say…. Another step by the Govt that cheered up the industry was reduction in GST on making charge from 18% to 5%. The eleventh-hour amendment in the finance bill at the Kerala Legislative Assembly on withdrawal of purchase tax on jewellery was another commendable act from the Kerala Govt.Gold Monetisation Scheme or popularly known as GMS is a wonderful initiative but is it a success? This issue our cover story will give you an overview of the scheme performance in our country. Luxury lies in each detail and watches reflect of personal style. Whilst some great timepieces can be start at lower price points, a greater understanding of luxury watches will inform your own aesthetic. Our watch segment which flaunts the top expensive watches this issue are the key examples of globally much-admired brands that have been popular for look and functionality alike. Happy Reading!

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