Complex sentence: In Indian law, GAAR is an acronym for General Anti-Avoidance Rules which are framed to minimize tax avoidance, for example by siphoning of profits to tax havens.
Split into simpler sentences: In Indian law GAAR is an acronym for General Anti-Avoidance Rules. The GAAR rules are framed to minimize avoidance of tax, for example by siphoning of profits to tax havens.