Janmashtami, also popularly known as Gokulashtami, is celebrated in remembrance of Lord Krishna`s birth. According to Indian mythology, Lord Krishna was the eighth incarnation of Lord Vishnu. Janmashtami is held on the eighth day (Ashtami) of Krishna Paksha (waning phase) of the Bhadrapada month, which generally falls in August or September, according to the Hindu lunar calendar. 

This year Krishna Janmashtami is being celebrated on August 18.