Butea monosperma (Lam.) Kuntze (Syn. Butea frondosa; Family Fabaceae), This is a moderate sized deciduous tree which is widely distributed throughout India, Burma and Ceylon, popularly known as 'dhak' or 'palas', commonly known as 'Flame of forest'. The family Fabaceae compromises of 630 genera and 18,000 species. It finds use both medicinally and commercially with each part of the plant having utility. This plant species has been found to display a wide variety of biological activities. The plant is traditionally reported to possess astringent, bitter, alterative, aphrodiasiac, anthelmintic, antibacterial and anti-asthamatic properties. Bark yields red juice known as 'Butea gum'or'Bengalkino'. Previous phytochemical examination of this plant indicated the presence of various constituents some of these are Cajanin and isoformononetin; Stigmasterol; Butin; two known flavonoids, isobutrin (3, 4, 2', 4'-tetrahydroxychalcone-3, 4'- diglucoside), and the less active butrin (7, 3', 4'-trihydroxyflavanone-7, 3'-diglucoside); free sugars and free amino acids and (-)-3-hydroxy-9- methoxypterocarpan (medicarpin) which were isolated from stem-bark extract; bark; seeds; flower; the petroleum ether extract of flowers and petroleum and ethyl acetate extract of stem bark. Its reported pharmacological properties include anthelmintic, anticonceptive, anticonvulsive, antidiabetic, antidiarrhoeal, antiestrogenic and antifertility, antiinflammatory, antimicrobial, antifungal, antibacterial, antistress, chemopreventive, haemaggultinating, hepatoprotective, radical scavenging, Thyroid inhibitory, antiperoxidative and hypoglycemic effects and wound healing activities. It is powerful astringent and is given in many forms of chronic diarrhoea. Seeds have anthelmintic property especially for roundworms and tapeworms. Flowers yields a brilliant yellow coloring matter due to presence chalcones. Such herbal medicines may provide potential effect as of compared to the conventional available synthetic drugs, with less or no side effects.