ASCII :
ASCII stands for American Standard Code for Information Interchange. ASCII-7 can represent 128 characters. Out of 7 bits, 3 are zone bits and 4 are numeric bits. ASCII-8 can represent 256 characters. It is an extended form of ASCII-7.
ISCII (Indian Standard Code for Information Interchange) :
A lot of efforts have gone into facilitating the use of Indian languages on computers. In 1991, the Bureau of Indian Standards adopted the ISCII. It is an 8 bit code which allows English and Indian Scripts alphabets to be used simultaneously. Characters coded in ISCII need 8 bits for each character.