How many seats are there in the Indian Parliament?

Composition of Rajya Sabha

• The maximum number of seats in the Rajya Sabha is fixed at 250, out of which 238 are to be the representatives of the states and union territories (elected indirectly) and 12 are nominated by the President. 
• The President nominates 12 members to the Rajya Sabha from people who have special knowledge or practical experience in art, literature, science and social service. 

Composition of Lok Sabha

• The maximum number of seats reserved for Lok Sabha is fixed at 552. 
• Out of this, 530 members are to be the representatives of the states, 20 members are to be the representatives of the union territories and 2 members are to be nominated by the president from the Anglo-Indian community. 

Further Reading:

• Rajya Sabha
• Lok Sabha
• List of Members of Parliament

To read more about the Functions of the Parliament, check the linked article.