The post-remonetisation recovery of India has revealed that any suggestion of gloom was premature, and those who want their art will not be swayed to any major extent by such measures. But if the pessimism was ephemeral, there still remain questions that need to be answered, especially pertaining to GST, which will have its bearing on the art market, too. Will the limit be set at 28 per cent, as is being anticipated by some? Or will it be lower, in keeping with something that is creative and handmade rather than what is being touted as a “luxury” product? No

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