Key Facts
662999 at a Glance
Code 662999
Official title Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services
Version NIC 2025
Source authority MoSPI
Fi
NIC 2025 MoSPI source NIC 662999 - Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services
NIC 662999 classifies other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services as a final six-digit financial service activity under Section L and...
Source Verification for 662999
10 / 10
4 of 4 factors passing
- Verified in official source - Found in NIC_2025.xlsx official MoSPI release dataset.
- International crosswalk available - No official ISIC/NACE/CPC/ISCO correspondence table is bundled in this build input set.
- Migration from previous edition - Legacy migration candidates present from NIC 2008: 1.
- Complete hierarchy chain - All parent levels exist: Section > Division > Group > Class > Sub-class (5 levels).
- Official size/threshold documented - No official code-level size or threshold dataset is included in this source bundle.
- Trade or export crosswalk match - No official NIC-to-HS/export correspondence table is bundled in this source bundle.
- Legacy national crosswalk - Legacy link exists via NIC 2008 converter layer (1 linked legacy codes).
NIC 2008 -> NIC 2025 Mapping for 662999
NIC 2008 links are discovery matches from the local converter layer. Verify final migration decisions against official source documents.
Practical Summary
What Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services Means Under NIC 2025
NIC 662999 is the final six-digit endpoint for Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services. It should be selected only when the enterprise's primary financial service activity matches this title more closely than 662901 Pension and insurance advisory activities, 662902 Administration of financial markets for insurance and pension funding services e.g. IRDA, PFRDA.
How To Choose
When to Choose 662999 Over Nearby Codes
Choose 662999 only when operations, invoices and revenue narrative align with Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services. If the activity also includes 662901 Pension and insurance advisory activities, 662902 Administration of financial markets for insurance and pension funding services e.g. IRDA, PFRDA, compare those pages before filing.
In this section
662901
Pension and insurance advisory activities
662902 Administration of financial markets for insurance and pension funding services e.g. IRDA, PFRDA
662999
Other activities auxiliary to insurance and pension funding n.e.c. including salvage administration and actuarial services
Common Questions About NIC 662999
Does NIC 662999 cover regulated professional or financial work?
Use the code that matches the service actually provided. Financial intermediation, insurance, real estate, legal, accounting, consulting, engineering, advertising and R&D are separated into different professional service families.
Can an advisory firm use NIC 662999 if it serves another industry?
Usually the firm's own service determines the NIC code, not the client's industry. For example, a consultant serving manufacturers is still a consulting or professional service business if advice is the revenue activity.
How do I verify that NIC 662999 is correct before filing?
Check the parent hierarchy, compare 662901 Pension and insurance advisory activities, 662902 Administration of financial markets for insurance and pension funding services e.g. IRDA, PFRDA, and confirm that the official title matches the main revenue activity. For regulated or filing-critical decisions, verify the source row in the MoSPI dataset.
What happens if I use the wrong NIC code in Udyam or MCA registration?
A wrong code can cause mismatched business descriptions, follow-up questions or later compliance cleanup. It is better to compare nearby codes before filing than to correct a weak classification later.
Is there a legacy NIC 2008 equivalent for NIC 662999?
Use the legacy converter only as a migration aid. Old NIC 2008 matches can suggest where to look, but NIC 2025 should remain the primary reference for new code selection.
NIC 2026 guidance
Before you select NIC 662999
NIC 662999 should be selected only when the official title matches the main revenue-generating activity. If the business also trades, transports, processes, installs or supports the same product or service, compare nearby NIC pages before filing. This reduces the risk of choosing a code that describes the product being handled rather than the activity your enterprise actually performs.
Data Source and Verification Date
Source layer
Official NIC 2025 Excel and PDF from MoSPI.
Last verified
2026-04-21 from the generated NIC 2025 source layer used in this build.
Disclaimer
This is an independent reference tool. Verify filing-critical decisions in official sources.