Introduction of Indian
Communication Finance Services
Indian Communication Finance Services (ICFS), which was founded in 1973, was formerly known as the Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS). This service’s primary function is to offer accounting and financial support to the Indian Post and Telecommunication Department.
Department of Posts and Department of Telecommunications which were the sole provider of the communications needs of the country. This services contributes to the largest share of Non-Tax Revenue collection/assessment for Government of India.