Psychology is a term that gained recognition recently in many developing countries like India, Malaysia, Africa, South Korea, etc., and a well-established term in developed countries like Germany, the United States, the United Kingdom, Japan, etc. The term Psychology, Mental health, and counseling keep evolving continuously. The range of its phenomena cannot be captured by one single definition. Some psychologists work in schools, colleges, and Universities while some become clinicians or therapists or Counsellors in various fields. In the end, it is never concluded, thus new trends would provide a greater view of the changes that took place in psychology. The demand for expert psychologists is spreading Post COVID as the focus shifted to mental health. Often people mistook the term Psychiatrist and Psychologist due to a lack of understanding between them in many developing or underdeveloped countries, especially India. This paper would help to clear the myths related to psychology and clarification the terms and professions of Psychiatry and Psychology.