This day and event is also commemorated across India as the "Vijay Diwas" (Hindi: विजय दिवस) for the victory in Indo-Pakistani war of 1971 aftermath of Bangladesh liberation.

Air Commodore A. K. Khandker, Deputy Commander-in-Chief of the Bangladesh Armed Forces, and Lieutenant General J F R Jacob[8] of the Indian Eastern Command, acted as witnesses to the surrender.

[9] The Surrender of Pakistan Armed Forces marked the end of the Bangladesh Liberation War and the creation of Bangla Desh (later reduced to a single word).

[10] In 1996, the Bangladesh Bank issued a 10 Taka note with an overprint commemorating Victory Day's Silver Jubilee (the 25th anniversary).

Different political parties and socioeconomic organisations undertake programs to mark the day in a befitting manner, including the paying of respects at Jatiyo Smriti Soudho, the national memorial at Savar in Dhaka District.

[18][19] Before around 10am, a division-sized formation of around 18,000 personnel of the armed forces and law enforcement organisations, which had already been assembled on the parade ground, alongside a 4,000 strong mobile column amounting to around 400 vehicles, and a massed military bands and pipe bands contingent numbering around 1,200 musicians, awaits the arrival of the President, as the Prime Minister, who also serves as Minister of Defence concurrently, and the Principal Staff Officer of the AFD/BAF, usually a lieutenant general, both arrive at the parade grandstand in the center of the grounds together with the service commanders and commanding officers of the law enforcement services, together with ministers of the state cabinet, including the Minister of Liberation War Affairs, the Speaker of the Jatiya Sangsad and MPs, the Chief Justice of the Supreme Court of Bangladesh, the Attorney General, living veterans of the Liberation War of 1971 and family members of those killed in action and deceased veterans, chairmen of state agencies and defense sector firms, the general public, representatives of state and private industries and veterans of the armed forces and law enforcement organisations are stationed in between the major dignitaries who are stationed in the central grandstand.

As the President leaves his vehicle, he is greeted by the important dignitaries and upon arriving at the central grandstand the Parade Commander, usually an Army major general, leads the parade in rendering a full presidential salute as while the national anthem Amar Sonar Bangla is played by the Massed Bands alongside the firing of a 21-gun salute.

Following this the commander of the National Standards colour guard orders the battalion to turn on the march, taking its place in the formation as the PC rides his vehicle.