"We give these gifts not based on the recipients' need but out of a desire to brighten someone's day and to acknowledge a job well done," says Distinctive Assets founder Lash Fary.

This Studio Moonray bag is made using vegan leather and comes with a 22k gold-plated chain. Available on Moonray.in; ₹32,400.

Katie Holmes’s go-to mini tote bag is $1,265 but you can get this affordable lookalike for just $29 on Amazon — details!