LHOSAR

Losar is celebrated for 15 days, with the main celebrations on the first three days. On the first day of Losar, a beverage called changkol is made from chhaang (a Tibetan cousin of beer). The second day of Losar is known as King's Losar (gyalpo losar). Losar is traditionally preceded by the five day practice of Vajrakilaya. Although it often falls on the same day as the Chinese New Year (sometimes with one day or occasionally with one lunar month difference), it is generally not thought to be culturally directly connected to that holiday. It is culturally more related to Tsagaan Sar in Mongolia than to the Chinese New Year festivity.
Losar is also celebrated in Bhutan, although different regions in the country have their own respective new years. The Nepalese New Year, referred to as either Losar or Lhochaar, is celebrated by the Sherpa, Tamang and Gurung people, who usually count their age by calculating Lho.