Answer

In Jainism, Gyaan Pancham and Labh Pancham are both observed on Kartak Sud Pancham, the fifth day of the bright half of the Kartik month, soon after Diwali.

This day is especially associated with:

• Gyaan Pancham — reverence for true knowledge, scriptures, learning, and right understanding.
• Labh Pancham — an auspicious day to begin or resume work, business, study, and good activities with purity and right intention.

Explanation

Gyaan Pancham means the fifth day dedicated to Gyaan, or knowledge. In Jain Dharma, knowledge is not only worldly education; true knowledge means understanding the soul, karma, right conduct, and the path to liberation.

On this day, many Jains:

• worship Jain scriptures, books, and learning materials,
• study Jain Agams, sutras, stotras, or spiritual texts,
• ask forgiveness for disrespect shown knowingly or unknowingly toward knowledge, books, teachers, or scriptures,
• take vows to study more regularly and live with right understanding.

Labh Pancham means an auspicious fifth day connected with labh, meaning gain or benefit. In Jain understanding, true labh is not merely financial profit. The highest gain is spiritual progress, punya, samyak darshan, right knowledge, and reduction of karmic bondage.

Many people begin new accounts, reopen shops or businesses after Diwali, start studies, or begin new positive activities on this day.

Spiritual Understanding

In Jain Dharma, Gyaan is very important because liberation cannot be attained without right knowledge. Jainism teaches the path of:

• Samyak Darshan — right faith,
• Samyak Gyaan — right knowledge,
• Samyak Charitra — right conduct.

So Gyaan Pancham reminds us that knowledge must lead to humility, self-control, non-violence, and inner purification.

Labh Pancham reminds us that every gain should be ethical and dharmic. Wealth, business, and success should be earned through honesty, non-violence, compassion, and restraint.

Takeaway

Gyaan Pancham teaches us to respect knowledge.
Labh Pancham teaches us to seek true benefit through dharma.

For a Jain, the greatest “labh” is not only worldly success, but the growth of right faith, right knowledge, right conduct, and progress toward moksha.