The stock market can be a complex and intimidating place, especially for beginners. There are many terms and concepts that can be confusing, making it difficult to understand how things work. This blog post aims to demystify some of the most basic stock market terms, so you can feel more confident navigating the investment world. 1. P/E Ratio (Price-to-Earnings Ratio) The P/E ratio is a metric used to compare a company's stock price to its earnings per share (EPS). It essentially tells you how much you are paying for each rupee of a company's earnings. A higher P/E ratio can indicate that a stock is more expensive relative to its earnings, while a lower P/E ratio can indicate that a stock is cheaper. However, it is important to remember that the P/E ratio is just one factor to consider when evaluating a stock, and it should be compared to similar companies within the same industry. 2. Dividends Dividends are a portion of a company's profits that are paid out to its sharehol
The Indian Budget 2023 was announced on February 1, 2023, by the Finance Minister of India, Ms. Nirmala Sitharaman. The budget had a range of measures aimed at boosting economic growth, enhancing social welfare and providing relief to the common man. One of the most important aspects of the budget was the tax slab for the financial year 2023-24. The tax slab for the financial year 2023-24 has been modified to provide relief to the taxpayers. The new tax slab is expected to benefit the middle class and reduce their tax burden. The new tax slab has seven tax brackets instead of four, and the rates have been revised to offer relief to the taxpayers. Let's take a closer look at the new tax slab for the financial year 2023-24. Tax Slab for Individuals For individuals, the tax slab for the financial year 2023-24 is as follows: Income Range Tax Rate Up to Rs. 2.5 lakh Nil Rs. 2.5 lakh to Rs. 5 lakh 5% Rs. 5 lakh to Rs. 7.5 lakh 10% Rs. 7.5 lakh to Rs. 10 lakh 15% Rs. 10 la