India has one of the largest medicinal garden consists of millions of plants and their species. Nowadays, applications of herbal medicines and their scope is far most important for researchers. In leu of this the present discussion is based on one of the most precious plant named as Palash. Here some pharmacognostics and phytochemical characteristics of the plant are discussed with their appropriate references. This study also opens the door for further research in this direction which would be of our kind interest.