Civil servants and public school teachers rally outside the Tourism Ministry in Hamra, Tuesday, May 13, 2014. (The Daily Star/Mohammad Azakir)
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Lawmakers are poised to reach a compromise on the controversial salary scale Wednesday, as teachers and civil servants prepare to hold their "day of rage" in what is expected to be their biggest protest yet over the issue.Sources said that the lawmakers might raise the ceiling of the salary scale funding from the $1.2 billion suggested by the parliamentary committee to $1.4 billion.Among the proposals the MPs will review is raising VAT from 10 percent to 11 percent, increasing customs by 1 percent, increasing taxes on profits of banks from 15 to 17 percent, increasing taxes on interest on deposits from 5 to 7 percent and increasing taxes on real estate profits.An MP told The Daily Star that the protesters would eventually accept the amended proposals made by the lawmakers, adding that no one has an interest in crippling the country.
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