Laccases are ligninolytic enzyme which belongs to the blue multicopper oxidases and participates in the degradation of polymers, and band cleavage of composite aromatic compounds. At present, laccases are commercially produced form bacteria, fungi and plants. These enzymes have wide applications in paper and pulp industries, food industry, textile industry and pharmaceutical industries. Laccases also impart in soil bioremediation, removal of toxic substances like herbicides, pesticides and dye degradation. Due to the wide range purpose, industries have more attention to the isolation and identification of high laccase yielding organisms to fulfil the demand of the enzyme needs. Hence, the present review is to emphasize the properties and applications of laccase in industrial and environmental applications for the removal of pesticides, dye decolorization, phenols and non-phenolic degradation of environmental pollutants.