URL Rewrite rule to remove .php from URLs

URL Rewrite rule to remove .php from URLs 

<rewrite>
  <rules>
    <rule name="Redirect .php extension" stopProcessing="false">
      <match url="^(.*).php$" ignoreCase="true" />
    <conditions logicalGrouping="MatchAny">
      <add input="{URL}" pattern="(.*).php$" ignoreCase="false" />
    </conditions>
      <action type="Redirect" url="{R:1}" redirectType="Permanent" />
    </rule>
    <rule name="hide .php extension" stopProcessing="true">
      <match url="^(.*)$" ignoreCase="true" />
    <conditions>
      <add input="{REQUEST_FILENAME}" matchType="IsFile" negate="true" />
      <add input="{REQUEST_FILENAME}" matchType="IsDirectory" negate="true" />
      <add input="{REQUEST_FILENAME}.php" matchType="IsFile" />
    </conditions>
      <action type="Rewrite" url="{R:0}.php" />
    </rule>
  </rules>
</rewrite>