Inter-State service provider with turnover less than 20 lacs

Hi,

We are providing consulting service in Indian Stock market with yearly turnover less than 2 0lacs 

Our clients are from all over India

As per below mentioned article, published on 07th Oct 2017, I believe that now there is no requirement for us to register under GST and to collect GST from our clients. 

Economic times article

Excerts" Services providers providing inter-state services up to Rs 20 lakh will be exempted from GST."

Senior members, please answer am I understood correct or not.