Shiv Sena (UBT) president Uddhav Thackeray has said the Centre should return 50 per cent of the funds collected from Maharashtra as taxes for the development of the state. Speaking at a local event in Mumbai on Sunday, the former Maharashtra chief minister also referred to the recent protest rallies held in New Delhi by southern states like Karnataka and Kerala over similar demands. Thackeray claimed that when Maharashtra sends Re 1 to the Centre as tax, it gets back only seven paise (Re 1= 100 paise). "What happens to the remaining amount? What kind of revadis (freebies) you distribute?" he asked. "I am stating that when Maharashtra gives you Re 1, give us half of it back to develop the state. You are looting our state. When we (opposition INDIA bloc) come to power, I will assert on changing the current tax-sharing formula to increase Maharashtra's share," Thackeray said. The Shiv Sena (UBT) leader also took a dig at "Modi ki Guarantee" commitment of the central government, claim Read The Rest at :