Lower GST rate for insurance, telecom likely

The Centre and states are working to ensure there is a lower GST burden on telecom and financial services, a move that will keep a check on insurance and phone bills, even as states pitch for concessions for products such as 'puja samagri' and textiles. Sources told TOI the Yogi Adityanath government in UP has asked the GST council - which begins its two-day deliberations on deciding rates on Thur…