The present study attempts to ascertain the importance of Eastern concepts in enhancing happiness and well-being in one’s life. The focus of this paper is on attachment i.e. state of being personally attached, having affectionate regard or attachment to a cause. On the opposite pole, is Detachment, i.e. an indifference to worldly concerns, aloofness and freedom from bias and prejudice. While both these concepts are poles apart, a balance of both is considered essential and ideal by various religions and psychologists. The teachings and principles of attachment and detachment are therapeutic in nature since they’re so closely related to emotions and guide one’s behavior. Thus, this study is in a growing line of research that attempts to draw relationships between core beliefs of Indian philosophy and happiness.