Labh Pancham 2024: Date, Muhurat time, Rituals and Significance

Labh Panchami is an auspicious festival widely celebrated in Gujarat.This year it will be celebrated on Wednesday, November 6, 2024 Known by several names such as Saubhagya Panchami, Gyan Panchami, and Labh Pancham, this day carries a powerful association with prosperity, knowledge, and good fortune. In regions across Gujarat, it is also referred to as Saubhagya-Labh Panchami, with "Saubhagya" meaning luck and "Labh" translating to benefit.

Labh Pancham 2024: Date and Muhurat time

Labh Panchami: Significance

Labh Panchami is the concluding day of Diwali festivities in Gujarat, marking the end of the vibrant festival season. This day is seen as highly auspicious, especially for beginning new ventures or restarting businesses after the Diwali break. It is believed that worship performed on Labh Panchami attracts good fortune and brings success in various spheres of life. Businesses, in particular, reopen with fresh accounts on this day, invoking blessings for a prosperous financial year ahead.

 Labh Panchami: Rituals

On Labh Panchami, devotees perform various rituals and prayers to invoke blessings of prosperity and success. Here are the primary rituals observed on this day:

• Business and Home Worship: Many business owners in Gujarat reopen their offices or shops on this day, with rituals aimed at bringing prosperity to the establishment. This includes performing puja ceremonies where account books are decorated and blessed to attract good luck.


• Family Prayers for Good Fortune: Families come together to offer prayers for continued well-being and prosperity. Offerings are made to deities with prayers for luck, benefit, and happiness.


• Exchange of Auspicious Wishes: In keeping with the spirit of community, people often exchange wishes of good luck and prosperity with family and friends, symbolising shared hopes for a fortunate year ahead.

Labh Panchami carries great importance, especially for devotees in Gujarat and across India, as it is associated with prosperity and success. Observing this auspicious day is believed to bring blessings that uplift both personal and professional aspects of life, setting a favourable path for the months ahead. Celebrated as the final day of the Diwali festivities, Labh Panchami symbolises renewal and reinforces cultural traditions that emphasise happiness and abundance.