Hi All, How can we edit the restriction on standard fields for a particular role?

There are no direct permission levels for restricting standard fields by role. But there is a convoluted way to do this. Create a custom form and set those field's display type as disabled or inline. Now go to the role and set that form as their default/preferred form for that record type. That means user with role will not be able to change/edit those fields(inline/disabled) since record is loaded in the custom form. Note that this is convoluted way, and can be problematic for keeping track of permissions.

You could also use workflow. Please. Note that neither option prevents someone from searching for the underlying data in a saved search or report.

@KevinJ of Kansas you are 100% correct, just showed me a way to bypass the custom form or workflow based restrictions - if the fields are inline editable then you can change the value in the search results just by turning on the inline edit function netsuite

Workflow should still prevent inline edit I thought