Diwali Padwa, Bali Pratipada: See significance and date
King Bali, a legendary king is believed to return to earth on that day, the first day of Kartikeya month of the Hindu calendar.

Gujaratis call the day Varsha pratipada and Bestu Varas. This year it falls on October 26.
The earliest mention of the Bali legend is found in Patanjali's Mahabhashya, which is a commentary on Panini's treatise, the Astadhyayi. The legend is a continuation of Samundra Manthan by the Devas to regain their glory against the asuras.
The legend says that Bali, or Mahabali, the benevolent king of the Asuras was threatening the heavens, and so Lord Vishnu in the avatar of Vamana sent him to patala or netherworld.
But the Lord was so pleased with the devotion of Balli that he allowed him to visit his former subjects once a year. This day is observed as Bali Pratipada. This is similar to the legend behind the Onam festival in Kerala.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.