What is meant by gupta samvat?

Gupta Samvat, also known as the Gupta Era, is a historical calendar system that originated during the Gupta Empire in ancient India, which flourished from approximately 240 CE to 550 CE. It is believed to have started in 319 CE with the ascension of Chandragupta I, marking the beginning of the Gupta period. The Gupta Samvat is significant in Indian history as it serves as a chronological framework for dating events, inscriptions, and literary works from that era. The calendar continues to be used in some regions of India today, particularly in Hindu culture.