We’re discussing that many choices which have been deferred however one readability coming in from the finance minister that there’s going to be no GST on penal charges in the event you discuss banks and NBFCs. Do you assume a lot wanted clarification has come?
Ashvin Parekh: Sure, I imply that was awaited for some time now, in order that has actually come about. So, the penal half has been eliminated which is a really constructive factor to my thoughts. The one disappointment in the event you ask me was the GST on the health insurance.
I imply one thought that between IRDAI and the Ministry of Finance there was sufficient that was offered to the Ministry of Finance and subsequently it might have been given to the group of ministers.
However that comes as a little bit of a disappointment, I have to admit. That’s true with even life insurance for that matter.
