PHP executable not found. Install PHP 7 and add it to your PATH or set the php.executablePath setting

I'm running windows 10 fresh copy and I just installed visual studio code. I was trying to develop a PHP project using VS Code. But I'm having trouble in setting up the environment.

I saw a blog post and I downloaded the binary file of PHP 7 and place it in the "C" drive. Then I set path variable too.

But still, I'm getting this issue.