Death Knell for Outsourcing

A Doomsday Bill for Indian IT The proposed Halting International Relocation of Employment (HIRE) Act in the U.S. threatens to reshape global outsourcing. By slapping a 25% excise tax (plus loss of deductions) on American firms outsourcing work abroad, the cost of offshoring could skyrocket by 40–50%.For Indian IT, BPOs, and Global Capability Centres, this isn’t just another policy shift — it’s a potential gamechanger. Here’s a deep-dive into the bill’s provisions, by J the App by JustIDT, examining its protectionist underpinnings, and the risks and responses Indian firms must prepare for.