The present invention relates to a novel anti-inflammatory and anti-arthritic herbal formulation which is highly effective and safe treatment for arthritis and other acute or chronic inflammatory conditions of the joints which potentially works by reducing the pain significantly and alleviating the disease condition by maintaining the healthy joint. The present herbal formulation for arthritis mainly comprises of Vegetable Glucosamine, Boswellia serrata Extract and Terminalia chebula Extract The present anti-inflammatory and anti-arthritic herbal formulation can be orally administered in form of tablet or capsule.