Homogeneous catalysts often show high activity and selectivity towards the various chemical transformations. Most of the transition metal-based active catalysts are expensive, rare, and have strict regulations for their use in pharmaceutical products. Hence, there is a requirement to develop suitable technologies for the practical separation and recycling of metal complex catalysts along with the sustainability of the process. This review focuses on the recent techniques used for the catalyst separation, their recovery, and recyclability of the homogeneous form of catalysts based on their economic compatibility and industrial applications. Various homogeneous catalysts have been reviewed on the basis of their support or media, active centres and recyclability aspects of the catalysts. This review gives brief insights into the varied examples of different recycling techniques utilized in the past 6–7 years.