Labh Pancham, also known as Laakheni Panchmi, is a significant festival in Gujarat, marking the final day of Diwali celebrations. In 2024, Labh Pancham will be celebrated on November 6. This auspicious day is observed primarily by business communities to start new ventures, reopen shops, and seek blessings for prosperity, wealth, and good fortune.

What is Labh Pancham?
Labh Pancham is the fifth day of the Kartik month in the Hindu calendar and is regarded as the best time to start new business activities after Diwali. In Gujarati, “Labh” means benefit or gain, and “Pancham” refers to the fifth day. The day is thus dedicated to gaining blessings for wealth, prosperity, and success in all endeavors.

While the first five days of Diwali are full of celebrations, Labh Pancham holds special importance as it is considered an ideal day to reopen businesses after the festive break. It’s also a day for people to perform rituals and poojas, praying for positive growth in business and life.

Shubh Muhurat for Labh Pancham 2024
In 2024, the Shubh Muhurat for Labh Pancham Pooja falls between 07:05 AM and 12:15 PM on November 6. Performing pooja during this time is believed to bring good fortune, success, and blessings from Goddess Lakshmi, the deity of wealth.

The Importance of Labh Pancham in Business Communities
For business owners, especially in Gujarat, Labh Pancham marks the symbolic reopening of their establishments after the Diwali holidays. Traditionally, on this day, they perform rituals to cleanse and purify their shops or workplaces, followed by a special pooja to invoke divine blessings for success and profits in the coming year.

Business people often write “Shubh-Labh” on the ledgers of their businesses, symbolizing auspiciousness and gain. In some families, new account books, also known as Chopda, are also inaugurated, marking the new financial year’s beginning.

How is Labh Pancham Celebrated?
Pooja for Prosperity: On Labh Pancham, special poojas are conducted at homes, shops, and workplaces to invoke blessings from Goddess Lakshmi and Lord Ganesha for a prosperous year ahead.

Offering Prayers to Deities: People offer flowers, fruits, sweets, and coconuts as part of the rituals, along with prayers for wealth and success.

New Beginnings: Labh Pancham is considered an auspicious day to start new ventures, initiate projects, or sign new deals. Many entrepreneurs choose this day to launch businesses or reopen their establishments with a renewed sense of optimism.

Feasting and Sharing: Families come together for a festive meal, and sweets such as Mohanthal, Sukhdi, and Ladoo are distributed to family, friends, and employees as a gesture of good luck and happiness.

Shopping for Good Fortune: Some people also indulge in shopping on this day, purchasing gold, silver, or new business assets, as it is believed to attract good fortune.

Spiritual Significance of Labh Pancham
Labh Pancham isn’t just about material prosperity but also spiritual enrichment. People seek both Shubh (auspiciousness) and Labh (benefit) in every aspect of their lives, whether personal, professional, or spiritual. The day emphasizes that true prosperity comes from a combination of wealth, peace, and spiritual growth.

Conclusion
Labh Pancham is an auspicious day that encourages a fresh start, especially for business owners, but it also resonates with the broader desire for prosperity in all areas of life. As you celebrate Labh Pancham on November 6, 2024, take the opportunity to seek blessings for success, growth, and happiness in all your endeavors.

May Labh Pancham bring you and your family prosperity and a wealth of new opportunities. Badhaai Do wishes you a successful and fulfilling year ahead!