आज मेरे पास कम समय है।

Hindi usually does not use a direct verb equivalent to English to have in sentences like this. Instead, it often uses a possession structure:

• मेरे पास = near me / with me
• So मेरे पास कम समय है literally means something like Less time is with me today.

This is the normal way to say I have ... in many situations:

• मेरे पास पैसा है। = I have money.
• उसके पास गाड़ी है। = He/She has a car.

So when talking about possession or availability, X के पास Y है is extremely common.

Because पास is used with the postposition के/की/का pattern, and pronouns change form before postpositions.

With मैं:

• direct form: मैं
• oblique form: मेरे

So:

• मेरे पास = with me / near me

Not:

• मैं पास ❌
• मेरा पास ❌

This same pattern happens with other pronouns too:

• तेरे पास = with you
• उसके पास = with him/her
• हमारे पास = with us

A useful rule: when a pronoun comes before a postposition like पास, में, से, पर, it usually changes to its oblique form.

कम means less / little / not much / fewer, depending on context.

In this sentence, कम समय means little time or not much time.

Examples:

• कम पैसा = little money
• कम लोग = few people
• कम समय = little time

Here it suggests that the amount of time is smaller than wanted, expected, or normal.

Yes, but the meaning shifts slightly.

• कम समय = less time / not much time, often emphasizing shortage
• थोड़ा समय = a little time / some time, often just stating a small amount

Compare:

• आज मेरे पास कम समय है।
  = Today I do not have much time / I’m short on time.

• आज मेरे पास थोड़ा समय है।
  = Today I have a little time.

So कम often sounds more like a limitation, while थोड़ा can sound more neutral or even slightly positive.

Hindi normally follows Subject/Object + other elements + verb order, and the main verb or copula often comes at the end.

So:

• आज = today
• मेरे पास = with me
• कम समय = little time
• है = is

Putting है at the end is completely normal in Hindi.

This is different from English, where is/have appears earlier:

• English: I have little time today.
• Hindi: आज मेरे पास कम समय है।

Yes. Hindi word order is somewhat flexible, especially with time words like आज.

These are all possible, depending on emphasis:

• आज मेरे पास कम समय है।
• मेरे पास आज कम समय है।
• कम समय आज मेरे पास है। — possible, but less natural in everyday speech

The most natural everyday version is usually:

• आज मेरे पास कम समय है। or
• मेरे पास आज कम समय है।

Moving words changes emphasis more than basic meaning.

Hindi does not normally use articles like English a, an, and the.

So कम समय can mean:

• little time
• not much time

without needing an article.

This is normal in Hindi. Learners often want to insert something, but usually nothing is needed.

For example:

• मेरे पास किताब है। = I have a book.
• सूरज निकल आया। = The sun came out.

Hindi usually leaves article meaning to context.

Because समय here is treated as singular.

• समय = time
• In this sentence, it behaves like a singular mass noun
• So the verb is है

Compare:

• मेरे पास समय है। = I have time.
• मेरे पास कम समय है। = I have little time.

But if the thing possessed is clearly plural, Hindi uses हैं:

• मेरे पास दो घंटे हैं। = I have two hours.
• मेरे पास कई किताबें हैं। = I have many books.

So the verb agrees with the possessed thing, not with मेरे.

Yes, वक़्त is also very common.

You can say:

• आज मेरे पास कम समय है।
• आज मेरे पास कम वक़्त है।

Both are natural.

A rough difference:

• समय can sound slightly more formal or standard
• वक़्त is very common in everyday speech

In many situations, they are interchangeable.

A word-by-word breakdown is:

• आज = today
• मेरे = my / me-oblique
• पास = near / with
• कम = little / less
• समय = time
• है = is

Literal structure:

• Today, with me, little time is.

Natural English meaning:

• I have little time today.
• I don’t have much time today.

Seeing the literal structure helps explain why Hindi uses मेरे पास instead of an English-style I have verb.

Yes, it is completely natural.

It is a normal way to say:

• I don’t have much time today.
• I’m short on time today.

A few other natural variants are:

• आज मेरे पास ज़्यादा समय नहीं है। = I don’t have much time today.
• आज मेरे पास बहुत कम समय है। = I have very little time today.
• मेरे पास आज समय कम है। = I’m short on time today.

So your original sentence is correct and natural, especially in neutral spoken or written Hindi.