The word Akshay means something which cannot be destroyed or diminished and hence is Everlasting.
In Hindu Calendar "Akshay Tritiya" also known as "Akha Teej" is considered as one of the most auspicious day of the year. This day falls in the month of Vaishakh on the 3rd day of Shukla Paksha (waxing phase of Moon). This day is celebrated all over India and across all sections of the society. This year Akshay Tritiya is on Sunday, 26th April 2020.
Akshay Tritiya is considered very Auspicious for purchasing valuables like Gold and Silver, fixed assets like Properties etc or for starting any New Venture or Business. It is believed that any purchases made on this day will continue to grow and any new venture started on this day will continue to prosper.
People visit Holy places and Holy Shrines on this day, take bath in the holy rivers and ponds and make offerings to Lord Vishnu, Goddess Maha Lakshmi and Lord Krishna. People also give donations to Brahmins and poor on this day.
It is believed that every moment of this day is very Auspicious and there is no need for working out any Muhurat (Auspicious Time) on this day since every minute of this day is a Muhurat in itself.