The term "IT" has two full forms, which are:
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Information Technology: This term was first coined in 1981 by Jim Domsic. It refers to the use of computers, networking, storage, and other related aspects to manage information. IT is a growing field that offers various job opportunities for those with technical skills, knowledge, and a bachelors degree in an IT-related field. Some of the popular career options or designations in the IT sector are Database Design, Web Design, Data Management, Software Development, Cyber Security, Networking, etc. .
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Income Tax: IT is a personal income tax that a person must pay to the Government of any country. It is a mandatory payment made to the government and is a progressive phenomenon used by the government to collect revenue.
In summary, the full form of IT depends on the context in which it is used. If it is used in the context of computers, it stands for Information Technology, and if it is used in the context of taxation, it stands for Income Tax.
