Nutan Varsh 2016 is the first day of Hindu Vikram Year 2073 and is the New Year day in
Gujarat. Nutan Varsh 2016 date is October 31. It is also the first day of the financial New Year in North India. It is observed on the Kartik Sud 1 or first day of Kartik Month as per traditional Gujarati calendar.
Nutan Varsh 2016 which commences on October 31 is also referred as Vikram Samvatsar and Hindu New Year.
Hindu Vikram Calendar was started in 57 BC by Emperor Vikramaditya as a commemoration of his victory upon the Shaks. This victory took place at
, one among the four places associated with Kumbh Mela. This Hindu calendar is also known as Vikram Samvant and begins with the Month Kartik. Ujjain
Nutan Varsh is also popularly known as Bestu Varsh.