Techniques for rule creation from natural language text (NLT) are disclosed. In an embodiment, a rule statement in the NLT is grammatically parsed to obtain a parse tree. Further, each of noun phrase (NP) core sub-tree and verb phrase (VP) core sub-tree, in the parse tree, is partitioned into at least one sub-tree. Furthermore, one or more operators are extracted using at least one sub-tree of NP or VP core sub-trees. The rule statement is substantially simultaneously splitted into groups of 3 adjacent words (3-grams). Each of the 3-grams is then compared with a predefined list to extract data properties and class concepts associated with the rule statement. Moreover, subscripts are assigned to the data properties, class concepts and operators. A rule head is then created based on the data properties and operators. Also, a rule is created using the data properties, operators, class concepts, associated subscripts and rule head.