Categories: Important Days

45th Civil Accounts Day celebrated on 01 March 2021

The Indian Civil Accounts Service (ICAS) observes the “Civil Accounts Day” every year on March 01, 2021, since its inception in 1976. The year 2021 marks the 45th Civil Accounts Day celebrations. ICAS is one of the Civil Services of India, under 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), through 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 came into force on 01 March 1976, following which the ICAS celebrates March 1 every year as the “Civil Accounts Day”.
  • ICAS helps in the delivery of financial management services for the Government of India, such as payment services, supports the tax collection system, performs government-wide accounting, financial reporting functions, preparation of budget estimates and carries out Internal Audit in civil ministries of the Union Government.

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Adda247 Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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