New Delhi, July 22 -- A research report of State Bank of India (SBI) reflects on the growing involvement of women in India's formal economic activities.

The Report suggests that the number of female taxpayers is on rise in the country, as of now one fifth of the GST registered taxpayers in the country have at least one female taxpayer and 14 per cent of the registered tax payers have all female members.

It has highlighted encouraging trends in the Goods and Services Tax (GST) ecosystem, particularly reflecting the rising role of women in business, growth in taxpayer base, and increased revenue collections since the introduction of the indirect tax regime.

"One-fifth of registered taxpayers having at least one female member and 14 per c...