Maximum execution time of 60 seconds exceeded: Magento

Once I was in the stage of installing magento on my machine and got this error: maximum execution time of 60 seconds exceeded. And then later I fixed it. I am just sharing the thing that I do and is required to fix the above error.

Open your php.ini configuration file (It will be inside php folder). Search for max_execution_time there in the file. Assign it the value of 1800. So, it will be now max_execution_time = 1800. Similarly, just below that there will be max_input_time. Assign it also the same value as 1800. Save the file and restart your wamp or xampp server whatever you are using. That should fix the error.