Labh Pancham, also known as Laakheni Panchami, Saubhgya Panchami or Gyaan Panchami is celebrated on the Sud Pancham (5th day of Bright Lunar Phase) of the Hindu month Kartik, i.e., five days after the Diwali day.
In 2016, Labh Pancham will be celebrated on 5th November 2016.
This day is considered to be the last day of Diwali festival.
‘Labh’ means benefit. People today usually wish for material ‘labh’ such as: a good job, good in-laws, riches and so forth. It is believed that works or activities started on Labh Panchami will go ahead successfully without any obstacles.
Labh Pancham is a very auspicious day to begin new accounts, ledgers and transactions. Those that have not performed Sharda Pujan on Diwali can perform it on this day.
The day is also considered very auspicious day to commence new ventures.
Muhurat for Labh Pancham Puja on 5 November 2016 :
08:07 am to 09:32 am – Shubh
12:23 pm to 13:49 pm – Chal
13:49 pm to 15:14 pm – Labh
15:14 pm to 16:40 pm – Amrit