diff --git a/cookbook/core/flyte_basics/task_cache.py b/cookbook/core/flyte_basics/task_cache.py
index f145e93bb5..1f8941c1f5 100644
--- a/cookbook/core/flyte_basics/task_cache.py
+++ b/cookbook/core/flyte_basics/task_cache.py
@@ -55,12 +55,15 @@ def square(n: int) -> int:
 # .. note::
 #   If the user changes the task interface in any way (such as adding, removing, or editing inputs/outputs), Flyte will treat that as a task functionality change. In the subsequent execution, Flyte will run the task and store the outputs as new cached values.
 #
-# .. tip::
-#   Invalidating the cache can be done in two ways -- modify the ``cache_version`` or update the task signature.
+# How Caching Works
+# #################
 #
-# How the Caching Works
-# #####################
-# A task execution is cached based on the **Project**, **Domain**, **Cache Version**, **Task Signature**, and **Inputs** associated with the execution of the task.
+# Caching is implemented differently depending on the mode the user is running, i.e. whether they are running locally or using remote Flyte.
+#
+# How remote caching works
+# ************************
+#
+# The cache keys for remote task execution are composed of **Project**, **Domain**, **Cache Version**, **Task Signature**, and **Inputs** associated with the execution of the task, as per the following definitions:
 #
 # - **Project:** A task run under one project cannot use the cached task execution from another project which would cause inadvertent results between project teams that could result in data corruption.
 # - **Domain:** To separate test, staging, and production data, task executions are not shared across these environments.
@@ -68,5 +71,20 @@ def square(n: int) -> int:
 # - **Task Signature:** The cache is specific to the task signature associated with the execution. The signature constitutes the task name, input parameter names/types, and the output parameter name/type.
 # - **Task Input Values:** A well-formed Flyte task always produces deterministic outputs. This means, given a set of input values, every execution should have identical outputs. When task execution is cached, the input values are part of the cache key.
 #
+# The remote cache for a particular task can be invalidated in two ways:
+#
+# 1. modifying the ``cache_version``
+# 2. updating the task signature
+#
 # .. note::
 #   Task executions can be cached across different versions of the task because a change in SHA does not necessarily mean that it correlates to a change in task functionality.
+#
+# How local caching works
+# ***********************
+#
+# The flytekit package uses the `diskcache <https://github.com/grantjenks/python-diskcache>`_ package, more specifically `diskcache.Cache <http://www.grantjenks.com/docs/diskcache/tutorial.html#cache>`_, to aid in the memoization of task executions. The results of local task executions are stored under ``~/.flyte/local-cache/`` and cache keys are composed of **Cache Version**, **Task Signature**, and **Task Input Values**.
+#
+# Similarly to the remote case, a local cache entry for a task will be invalidated if either the ``cache_version`` changes or the task signature is modified. In addition, the local cache can also be emptied by running the following command: ``pyflyte local-cache clear``, which essentially obliterates the contents of the ``~/.flyte/local-cache/`` directory.
+#
+# .. note::
+#   The format used by the store is opaque and not meant to be inspectable.