This disclosure relates generally to telecommunication networks, and more particularly to a method and system for delay aware uplink scheduling in a communication network. The telecommunication network performs data uplink and data downlink associated with data communication between multiple transmitter-receiver pairs connected to the network, by using specific scheduling schema as part of the data processing. Disclosed are method and system for performing a delay-aware uplink scheduling in the communication network. For an uplink request received from a transmitter, the system estimates downlink delay at the corresponding receiver side. The system further estimates a processing delay for the received uplink request. Based on the estimated downlink delay and the processing delay, the system determines an uplink delay budget for the transmitter. Further, based on the uplink delay budget and an achievable data rate computed for the transmitter, the system schedules uplink for the transmitter.