Makar Sankranti, which commemorates the sun’s entry into Capricorn (Makara Rashi), is celebrated every year in the middle of January. This fortunate event represents gratitude, wealth, and fresh starts. Tuesday, January 14 is the happy event this year, and it will be commemorated with fervour andMakar Sankranti, which commemorates the sun’s entry into Capricorn (Makara Rashi), is celebrated every year in the middle of January. This fortunate event represents gratitude, wealth, and fresh starts. The happy event this year is Tuesday, January 14, and it will be celebrated with much vigour and excitement.