You can modify PHP's upload_max_filesize as per your needs using CloudLinux's PHP Selector in cPanel .
1. Log in to your cPanel account.
2. In the Software section, click on Select PHP Version.
3. Click on the Options menu.
Note: If the Options page shows an error related to the native PHP version, change it to a non-native version first.
4. Look for upload_max_filesize and click on the drop-down option displayed in front of it. Then choose the appropriate limit as per your requirements.