Diwali in Gujarat marks the advent of the New Year. Gujarati New Year is celebrated with immense joy, happiness and enthusiasm in the entire state of Gujarat. This festival of lights marks the beginning of Bestu Varas, i.e. Gujarathi New Year as it is celebrated a day after Diwali. As per the Hindu Calendar, it falls on Shukla Paksha Pratipada in the Hindu month of Kartik. As per the Indian Calendar based on Lunar Cycle, Kartik is the first month of the year and the New Year in Gujarat falls on the first bright day of Kartik (Ekam). So, this day marks the beginning of their new fiscal year.