Is "very less" correct English?

"Very less" is incorrect. "Very little" or "much less" would be possible alternatives.

Some examples of how both phrases could be used:

I paid very little for this jacket. I paid $500 for this jacket in March; today I could buy it for much less.

I have very little money. I have much less money today than I did on Monday.

Very less isn't correct. It depends on exactly what you're trying to say though.

Very little implies a completely different meaning. If there is very little of something, it means a very small number. Whereas 'very less' (although wrong) implies that it is less than something else, or less than it was before.

far less

or

much fewer

is probably clearer.