Vagh Baras 2016 is the one of the festival day of Diwali which come a day before Dhanteras and a day after Rama Ekadashi. Vagh Baaras is also called Govatsa Dwadashi and Guru Dwadashi in western states of India (e.g. in Gujarat).  It is also called Vasubaras in Maharashtra. People of north India worship this day for Govamsa puja.  This day is auspicious for worship cow and calf. Some places in Gujarat, by Dhodia tribe celebrate with playing game of Vagh (tiger) and cow, person wear cloths of tiger skin and chase for person who wear cloths of cow. In true meaning for celebrating this festival for repaying one’s debts, and clearing up their accounts book on this day.  On day of Labh Pancham new account transaction take place. 

This year Vagh Baras fall on 26th October 2016 on Wednesday. In Hindu calendar it is fall on 12th day of Krishna Paksha.