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Labh Pancham 2024 falls on November 6, concluding the Diwali season with prayers and rituals that honour prosperity and new beginnings. Known as Saubhagya Panchami or Gyan Panchami, this day is marked by auspicious activities in Gujarat, including business reopenings, family prayers, and the exchange of wishes for a successful year.
Labh Pancham 2024: Date, muhurat, significance and rituals (Freepik)
Mumbai: Labh Panchami is a revered festival celebrated with great enthusiasm across Gujarat, marking a significant close to the Diwali festivities. This year, Labh Panchami will be observed on Wednesday, November 6, 2024.
The day is known by various names, including Saubhagya Panchami, Gyan Panchami, and Labh Pancham, each reflecting different aspects of fortune, wisdom, and success. In Gujarat, it is often called Saubhagya-Labh Panchami, where ‘Saubhagya’ translates to luck and ‘Labh’ means benefit, underscoring its association with blessings of prosperity and knowledge.
Labh Panchami is celebrated as the closing day of Diwali’s vibrant festival, symbolising the culmination of festive cheer and the beginning of new endeavours. With a special focus on luck and growth, Labh Pancham is observed through rituals that emphasise the importance of blessings in personal and professional life.
Labh Panchami 2024: Date and Muhurat
Labh Panchami, an auspicious festival widely celebrated in Gujarat, falls on Wednesday, November 6, 2024. On this special day, the most favourable time for performing puja, or the Puja Muhurat, is from 6:36 am to 10:14 am, spanning 3 hours and 38 minutes.
According to the Hindu calendar, Panchami Tithi begins in the early hours of November 6 at 12:16 am and continues until 12:41 am on November 7, 2024.
Devotees mark this period with prayers and ceremonies aimed at invoking blessings for prosperity and good fortune in the coming year, particularly by reopening businesses and starting fresh endeavours with divine blessings.
Significance of Labh Panchami
This day is especially important for those seeking auspicious timings for starting fresh ventures, re-opening businesses after the Diwali break, or even beginning new projects at home.
For business owners, it is believed that performing pujas on Labh Panchami can attract good fortune and secure blessings for a successful financial year.
Many merchants in Gujarat observe the ritual of opening new account books on this day, marking a prosperous start with the divine blessings they hope to receive through these ceremonies.
Labh Panchami Rituals
Business owners across Gujarat perform special rituals to attract success and prosperity. Many shops and offices that were closed during Diwali reopen on Labh Panchami. Account books, often considered symbols of wealth and stability, are decorated and blessed in puja ceremonies, emphasising a positive and abundant start to the new business cycle.
On Labh Panchami, families come together to perform pujas dedicated to deities, asking for blessings that promote happiness, health, and good fortune. These gatherings offer an opportunity for family members to collectively wish for mutual growth and prosperity.
Reflecting the community spirit, people exchange heartfelt wishes for luck, success, and well-being with friends and neighbours. This gesture of goodwill reinforces bonds within the community, symbolising shared aspirations for a fortunate and fulfilling year ahead.
Labh Panchami holds profound cultural and spiritual importance, as it represents the harmonious blend of faith, tradition, and community unity. This final day of Diwali not only celebrates prosperity and renewal but also reinforces the values of shared happiness and collective growth.
The rituals performed on Labh Panchami are cherished as they help to foster both personal and professional blessings, setting a positive tone for the months to come. Celebrated with devotion, Labh Panchami embodies the hope for a brighter future enriched with prosperity and joy, marking a fulfilling conclusion to the Diwali season.
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