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NIC Code 66110 - Administration of financial markets

Group Class Sub Class Description
661  Activities auxiliary to financial service activities, except insurance and pension funding
 6611 Administration of financial markets
  66110Administration of financial markets

National Industrial Classification 2008 (NIC-2008) Code 66110 is used for Administration of financial markets. 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 66110 is shown below.

Level Description
Section KFINANCIAL AND INSURANCE ACTIVITIES
Division 66Other financial activities
Group 661Activities auxiliary to financial service activities, except insurance and pension funding
Class 6611Administration of financial markets
Sub-Class 66110Administration of financial markets

Why is NIC Code 66110 Important?

When registering your Administration of financial markets business in India, you'll need the NIC Code 66110 for official documentation and compliance. NIC Code 66110 ensures that your business is correctly categorized under Administration of financial markets for taxation and regulatory requirements.