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. Under the Account Global Settings, go to the Options tab.

Note: If it shows an error related to the Native PHP version, change to a non-Native PHP 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.

A message will appear stating that the maximum upload file size has been changed.