We report our current SMA and ALMA studies of disk and planet formation around protostars. We have revealed that $r gtrsim$100 AU scale disks in Keplerian rotation are ubiquitous around Class I sources. These Class I Keplerian disks are often embedded in rotating and infalling protostellar envelopes. The infalling speeds of the protostellar envelopes are typically $sim$ 3-times smaller than the free-fall velocities, and the rotational profiles follow the $r^{-1}$ profile, that is, rotation with the conserved specific angular momentum. Our latest high-resolution ($sim$0$farcs$5) ALMA studies, as well as the other studies in the literature, have unveiled that $r sim$100-AU scale Keplerian disks are also present in several Class 0 protostars, while in the other Class 0 sources the inferred upper limits of the Keplerian disks are very small ($r lessim$20 AU). Our recent data analyses of the ALMA long baseline data of the Class I-II source HL Tau have revealed gaps in molecular gas as well as in dust in the surrounding disk, suggesting the presence of sub-Jovian planets in the disk. These results imply that disk and planet formation should be completed in the protostellar stage.