Bases are oxides amd hydroxides of metals. They neutralize acids.
Examples: $CuO$ (copper oxide) and $NaOH$ (sodium hydroxide)
Alkalis are soluble bases. They can dissolve in water to release hydroxide ions.
Salts are ionic compounds formed when the hydrogen ions, $H^+$ in an acid are completely or partially replaced by a metal ion or an ammonium ion, $NH_4^+$.
Universal indicator changes color gradually depending on the concentration of H+ ions in a solution:
pH 0 to 6 (acidic): A high H+ conc. corresponds to lower pH numbers. For universal indicators, acidic solutions turn deep red/orange, meanwhile weak acids turn yellow/light green.
pH 7 (neutral): Equal conc. of H+ and OH- ions. Universal indicator turns green.
pH 8 to 14 (alkaline): Higher OH- conc. corresponds to higher pH numbers. Turns blue/deep purple.
The equation for the neutralization reaction between an acid and an alkali to produce water:
$$\text{H}^+\text{(aq)} + \text{OH}^-\text{(aq)} \rightarrow \text{H}_2\text{O(l)}$$