I am an NRI from Middle-East who has come to India after losing the job. Although I have a valid visa to return back within a period of 6 months to seek another employment but I may not do so due to poor health condition.
Therefore, please let me know if there is any time limit to re-designate my NRE/NRO bank accounts, status change from NRI to RI and also other changes which are required in respect of investments in mutual funds, etc.?
Many thanks
Michael
P.S. Earlier too I had made this similar post about a week back but it was not displayed. Anyway, I hope this time I will get a satisfactory response.