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NIC Code 66302 - Management of pension funds

Group Class Sub Class Description
663  Fund management activities
 6630 Fund management activities
  66302Management of pension funds

National Industrial Classification 2008 (NIC-2008) Code 66302 is used for Management of pension funds. 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 66302 is shown below.

Level Description
Section KFINANCIAL AND INSURANCE ACTIVITIES
Division 66Other financial activities
Group 663Fund management activities
Class 6630Fund management activities
Sub-Class 66302Management of pension funds

Why is NIC Code 66302 Important?

When registering your Management of pension funds business in India, you'll need the NIC Code 66302 for official documentation and compliance. NIC Code 66302 ensures that your business is correctly categorized under Management of pension funds for taxation and regulatory requirements.