Panchanga based on traditional Hindu and Vedic astrological tabulation forecasts celestial phenomena such as solar eclipses. The Bikram Sambat is 57 years 8 month and 15 days ahead of the Gregorian Calendar.

As per the mythology, Bikram Sambat is believed to have been started by King Bikramaditya.

People visit various temples, start new works, make new resolutions and exchange greetings on the New Year's Day.