They are celebrating haram by imitating kuffar.

Today many muslims wishing each other on new year

they celebrating parties...
Wallahi this is not allowed in shariyah......

They are celebrating haram by imitating kuffar..

Prophet warned against imitator of kuffar..

The Prophet (peace and blessings of Allâh be upon him) said: “Whoever imitates a people is one of them.” (narrated by Ahmad, 2/50; Abû Dâwûd, 4/314).

Ya ikhawan and akhwath think once...

It will wast our money,our time every thing is wast... No benefits from it...
And also
The Prophet sallallahu alaihe wasallam said: Allah hates for you three things: gossiping, begging, and wasting money.

(Al-Bukhari and Muslim)

Also if we look further celebrating new year is biddah

Biddah is path of helfire
[an-Nasaa'ee (1/224)]

The fuel of helfire is people and rocks...
[Surat At-Taĥrīm 66:6].....

by Dr Zakir Naik