Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 65300 - Pension funding
National Industrial Classification 2008 (NIC-2008) Code 65300 is used for Pension funding. National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.
National Industrial Classification 2008 (NIC-2008) Code Structure
All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. Activities are first grouped into ‘section’ alphabetically coded from A through U, every section is divided into ‘division’ with 2-digit numeric code, every division into ‘group’ with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit 'sub-class'.
The structure for NIC Code 65300 is shown below.
| Level | Description |
|---|---|
| Section K | FINANCIAL AND INSURANCE ACTIVITIES |
| Division 65 | Insurance, reinsurance and pension funding, except compulsory social security |
| Group 653 | Pension funding |
| Class 6530 | Pension funding |
| Sub-Class 65300 | Pension funding |
Why is NIC Code 65300 Important?
When registering your Pension funding business in India, you'll need the NIC Code 65300 for official documentation and compliance. NIC Code 65300 ensures that your business is correctly categorized under Pension funding for taxation and regulatory requirements.