IT Full Form | Full Form of IT

i) IT Full Form - Information Technology

  • Here you’ll get the solution for the following IT related questions, full form of IT , what is the full form of IT , full form of IT companies , full form of IT engineer , full form of IT engineering , full form of IT in computer
 Information Technology

Information Technology

  • IT stands for Information Technology in context of computers.
  • Information Technology uses computers and software to manage information.
  • Information Technology deals with electronic computers and computer software to store, process, convert, protect, transmit and retrieve information securely.
  • In a company, it includes all physical hardware, operating systems, databases, storage and servers etc.
  • It doesn't ask your personal computer or home computing and networking.
  • The department of data Technology has some important fields. Following may be a list of some fields:
    • Software Development
    • Software design
    • Web development
    • Database design
    • Data management
    • Information security
    • Networking
    • Web design
  • IT is a growing field that gives various job opportunities for those with technical skills, knowledge and a bachelor's degree in an IT-related field. A number of the favored career options or designations within the IT sector are as follows:
    • Software Developers
    • Network Engineers
    • Network Administrators
    • Computer Scientists
    • Database Administrator
    • Computer Programmer

ii) IT Full Form - Income Tax

 	Income Tax

Income Tax

  • IT stands for Income Tax.
  • In simple words, it's a tax on the Income, a compulsory payment made to the government.
  • Income Tax may be a progressive phenomena used by most of the countries to collect some a part of the individual income.
  • Higher income earners pay a better rate as compared to lower income earners, i.e., it varies with the respective taxable income or profits of an individual or entity.
  • Central and State Governments take the income taxes from individuals, companies, firms, property etc. to run the country well.
  • It’s a serious source of funds for the government to fund its activities, programmes and serve the general public.
  • Government sets a selected amount of income and everybody whose income exceeds the most amounts should be chargeable to the income tax at the speed prescribed under the finance act.

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