Shri Panchami or Shri Lakshmi Panchami is dedicated to Goddess Lakshmi. People worship goddess Lakshmi on this holy day. Lakshmi is the Goddess of wealth and prosperity. Laxmi Panchami puja is performed on the fifth day during the Chaitra month. This puja is performed in Chaitra Shukla Paksha Panchami. Sashti Tithi is dedicated to Lord Skanda. Devotees keep fast during Shukla Paksha Sashti day. Skanda Sashti puja the day when Sashti Tithi is combined with Panchami Tithi is preferred. Skanda Sashti puja is performed on Panchami Tithi.