Akshaya Tritiya, also known as Akha Teej, is a holy day for Hindus and Jains. It falls on the third Tithi (lunar day) of Bright Half (Shukla Paksha) of the pan-Indian month of Vaishakha and one of the four most important days for Hindus.
It is an auspicious day of the birthday of Lord Parasurama who is the sixth incarnation of Lord Vishnu. On this day Veda Vyas and Lord Ganesha began to write Mahabharata. The meaning of the word Akshaya is infinite that will never recede.
The Vedic scriptures say that knowledge gained or charity done on Akshay Tritiya is very fruitful. It is considered to be a very lucky day to start new business or venture.
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