Tuesday, 2 March 2021
The Indian Civil Accounts Service (ICAS) observes the “Civil Accounts Day” yearly on March 01, 2021, since its inception in 1976. The 12 months 2021 marks the forty fifth Civil Accounts Day celebrations. ICAS is likely one of the Civil Services of India, beneath the Department of Expenditure, Union Ministry of Finance.
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About the Indian Civil Accounts Service:
- Initially, the ICAS was carved out from the Indian Audit & Accounts Service (IA & AS), via the promulgation of an Ordinance amending the C & AG’s (Duties, Powers and Conditions of Service) Amendment Act, 1976.
- Later, the Departmentalisation of Union Accounts (Transfer of Personnel) Act, 1976 was enacted and got here into drive on 01 March 1976, following which the ICAS celebrates March 1 yearly because the “Civil Accounts Day”.
- ICAS helps within the supply of economic administration companies for the Government of India, similar to cost companies, helps the tax assortment system, performs government-wide accounting, monetary reporting capabilities, preparation of funds estimates and carries out Internal Audit in civil ministries of the Union Government.
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