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kriti vkriti v 

Can I update custom label value from Visual force page using Apex

Raj VakatiRaj Vakati
No .. Refer this idea 

https://success.salesforce.com/ideaView?id=08730000000DgpGAAS

 
Narender Singh(Nads)Narender Singh(Nads)
Hi,
Unfortunately you can't do that using apex code. You will have to resort to Metadata API for that.

Thanks