Recent progress and the latest results on the bulk thermodynamic properties of QCD matter from lattice is reviewed. In particular, I will stress upon the fact that lattice techniques are now entering into precision era where they can provide us with new insights on even the microscopic degrees of freedom in different phases of QCD. I will discuss some instances from the recent studies of topological fluctuations and screening masses. The progress towards understanding the effects of anomalous $U_A(1)$ symmetry on the chiral crossover transition and transport properties of QCD matter will also be discussed.