Pancasila or pañca-sila is the fundamental code of Buddhistethics, willingly undertaken by lay followers of Gautama Buddha. The term is Pali for "Five Virtues" (Five Rules or Precepts of Virtue) and is pronounced roughly "puntshaseela".
The laity undertake to follow these precepts at the same time as they become buddhist, taking refuge in the Triple Gem: In the Buddha (teacher), in the Dharma (teaching) and thirdly in the Sangha (pupils). Like all aspects of Buddhist dharma or teaching, the Pancasila are regarded as logically rather than supernaturally derived and are to be undertaken voluntarily rather than as "commandments" from a supernatural or mundane authority.
1. I undertake the precept to refrain from destroying living creatures.
2. I undertake the precept to refrain from taking that which is not given.
3. I undertake the precept to refrain from sexual misconduct.
4. I undertake the precept to refrain from incorrect speech.
5. I undertake the precept to refrain from intoxicants which lead to carelessness.
Second, it is the spirit of the precepts -not the text- that counts, hence, the guidelines for ethical conduct must be seen in the larger context of the Eightfold Path.
The first fiveprecepts are mandatory for every Buddhist, although the fifth precept is often not observed, because it bans the consumption of alcohol.
I undertake to observe the precept to abstain from...
Fiveprecepts are the curriculum of Buddhist teaching, which are embraced in the moral code of Buddhism.
As for the seventh precept, the lay Buddhist refrains from enjoying songs, dances, music and shows during this period of observance so that he will not be distracted by sensual pleasures that may give rise to unwholesome thoughts.
Observing the sixth, seventh and eighth precepts requires more effort on the lay BuddhistÂ’s part because he has to restrain himself from indulging in the physical comforts and pleasures that he may be so accustomed to in everyday life.