Dividends are a share of a company's profits distributed to its shareholders. Essentially, it's a reward for being a part owner of the company.
There are two main types of dividends: cash, where you receive actual money, and stock, where you get additional shares in the company.
Dividends work as a share of a company's profits distributed to shareholders, providing a steady income stream for investors.
Dividends in India are taxed at the hands of the shareholder as per their applicable income tax slab rates, with certain exemptions for specified entities