1.Click the Start button , click Control Panel, click Programs and Features, and then click Turn Windows features on or off.If you are prompted for an administrator password or confirmation, type the password or provide confirmation. 

 In the list of Windows features, select Internet Information Services, and then click OK.

Select the option checked below for basic configuration.

 As you click ok it will apply the required changes

  

and Thus you have done it.

You could verify it Type localhost or 127.0.0.1 in you IE or Firefox to see the results