By IndiaHub 
Over the last 15 years, Akash P (name changed) has relied on fixed deposit as his best bet to save money for retirement. His idea was simple. He believed that owning a house, along with savings in gold and fixed deposit, would ensure a secure financial future. While he was aware of equities, the stock market’s volatility made him hesitant to invest. However, after a financial advisor educated him about the tax implications on his fixed deposits,