Panchang as the name implies in Hindi consists of five parts which are Tithi, Day, Yog, Karan, Nakshatra.
The panchang given here is used by most of the people and astrologers in day to day life to calculate the auspicious Mahurat.
Panchang is commonly used by Indian astrologers to know the auspicious time and is also used to calculate the vedic birth chart of a person.