New Delhi, Aug. 15 -- A large chunk of Prashant Kishor's financial portfolio is parked in fixed deposits, much more than what he has invested in equities. FDs offer the comfort of predictable returns and relatively low risk, but also mean a bigger tax bill as interest income accumulates. So, how much could this FD-heavy strategy cost him in taxes?

Prashant Kishor, founder of the Jan Suraaj Party and the newly elected MLA from Bihar's Bankipur, has declared assets worth nearly Rs.198 crore in his election affidavit filed for the bypoll held on July 30.

The election marked a first for the former poll strategist, who entered electoral politics as a candidate and won the contest.

His financial holdings span several investment avenues, incl...