Abstract: The method and system for generating sample labels is disclosed. The method includes receiving, from a user, a selection of: one or more icons from a plurality of icons; and one or more backgrounds from a plurality of backgrounds. The method further includes creating a first plurality of variation-icons corresponding to each of the one or more icons, by applying one or more pre-augmentation operations to each of the one or more icons and selecting a set of variation-icons from a second plurality of variation-icons corresponding to the one or more icons, based on dimensions of each variation-icon of the set of variation-icons and predefined dimensions of a sample label template. The method further includes applying a background to the sample label template and positioning the set of variation-icons in the sample label template over the background, to generate a sample label.